50
TEN YEARS' PROGRESSIVE EXPENDITURE ON EDUCATION BY THE GOVERNMENT
MILLIONS OF DOLLARS
140
130
120
110
100
98
80
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CAPITAL EXPENDITURE
RECURRENT EXPENDITURE.
NOTE: The following considerations are not ingluded —
Subventions to the University of Hong Kong.
2. Value of the land for the school sites. 3. Interest-free loans by Government to School agencies: the outstanding balance of these is about $18 million.
40
PUBLA
30
20
10
1950-1 1951-2 1952-3
1953-4 1954-5 1955-6
1956-7
1957-8 1958-9 1959-60
1