RESTRICTED
FIN P6/9 VIII
GOVERNMENT SECRETARIAT
HONG KONG
3 March 1993
FINANCIAL CIRCULAR No. 2/93
Cashflow control in the Public Works Programme
(Note: Distribution of this circular is Scale C. It should be read by
Branch
Secretaries,
and
Heads
of
all officers
Departments
concerned
with public works
projects and control of expenditure
for projects in the
Public Works Programme.)
Government's
This
Secretary for
circular establishes the authority of the Works to implement the approved Public Works Programme, monitor expenditure under the Capital Works Reserve Fund (CWRF) on Public Works projects other than the Airport Core Programme and, where necessary, to take measures to reduce overspending or underspending.
Background
2.
The procedures for the approval of funds and the setting of relative priorities for Public Works Programme (PWP) projects are set out in Financial Circular No. 8/90 dated 2 August 1990.
To: Branch Secretaries
Heads of Departments
c.c. Registrar, Supreme Court (f.i.)
/3.