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Monday, February 25, 1974
WEDNESDAY IS BUDGET DAY
Live Radio Broadcasts Of Financial Secretary's Speech
Hong Kong's budget for the coming financial year will be made
known this Wednesday (February 27) when the Appropriation Bill 1974 is
presented to the Legislative Council.
The proceedings will start at 2.30 p.m. during which the Financial
Secretary, the Hon. Philip Haddon-Cave, will move the second reading of the
bill and outline the main features of estimated revenue and expenditure for
1974/75.
The estimated heads of expenditure will be Let out in the schedule
of the bill to be nublished in a Gazette Extraordinary at 2.30 p.m.
Debate on the second reading of the bill will be adjourned and
resumed on March 13 and 14 when unofficial members will have an opportunity
to speak on the financial and economic state of Hong Kong and the general
principles of government policy and administrations as indicated by the bill
and estimates.
The debate will be resumed on March 27 (and continue on March 28 if
necessary) when the official members will reply to points raised by their
unofficial colleagues.
The council will then consider the bill in committee which will be
followed by the formal third reading.
As in previous years, the proceedings will be comprehensively covered
by the radio and television stations.
The Financial