Friday, January 9, 1976

GOVERNMENT ACCOUNTS FOR OCTOBER 1975

The Hong Kong Government accounts for the month of October 1975

show a deficit of $97 million as compared with a deficit of $163 million

in October 1974.

This has resulted in an accumulated deficit of $603 million for the

first seven months of the financial year, compared with a deficit of $980

million for the same period in the last financial year.

Total revenue for the month at $437 million was $61 million more

than in October 1974, mainly because of increased receipts from rates and

internal revenue.

Total expenditure at 534 million was $5 million less than the same

month in the last financial year,

PARTY FOR CHILDREN OF POST OFFICE EMPLOYEES

Note to Editors:

About 1,000 children of Post Office employees will be entertained

at a party organised by the Post Office Recreation Club this Sunday (January 11)

from 1 to 5 p.m.

Guest artists from Radio Hong Kong, Commercial Radio and H.K.-T.V.B.

will be present to give performances.

There will be refreshments and toys for the children and a lucky draw

by Mrs. M. Addi, wife of the Postmaster General.

Music will be provided by the Band of the Hong Kong Sea Cadet Corps.

You are cordially invited to cover the event.

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