2
3.
I
Despite the promising prospects for the economy,
believe we have to stick to our basic guideline for
public expenditure.
It must not grow faster than the trend
rate of economic growth. This simple rule is designed to
government spending does not grow beyond what we
make sure
can afford,
does not become such a burden that future
growth and our overall prosperity are threatened.
4.
to
the
make
But even on this cautious basis, we will be able
substantial improvements in our public services in
coming year. Spending on health care will increase by
278, and the funds available for social welfare programmes
will rise by 15%. Spending on education will increase by
13%, enabling us to continue the expansion of the tertiary important improvements in primary
sector and bring about
and secondary schooling. There will also be real increases
in spending on law and order and on improvements to the
environment.
5.
infrastructure
we
need for our
We are also making
making large investments in the
continued growth and our wellbeing in the future. The new airport is a major part
of these
council,
plans.
our
But as I explained to the Legislative
spending on the Airport Core Projects will be
20'd
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