20
Wednesday, February 28, 1973
Moreover, the levels of activity in the finance and services sectors
rose substantially.
The Financial Secretary disclosed that the Census and Statistics
Department was at present doing further work on the estimates of G.D.P. for
the years 1966–72.
This is aimed at establishing the "real rate of growth" which has
been achieved.
Among the papers laid before the Legislative Council today was one
on technical study of the Gross Domestic Product for the six years 1966-71.
Also tabled was a booklet entitled Economic Background to the 1973-74
Budget dealing mainly with the period 1966-72 in terms of the overall performance
of the economy, foreign trade, investment, employment and money and prices.
Mr. Haddon-Cave referred to the booklet as "something of an experiment"
and he welcomed suggestions for its improvement.