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THURSDAY, JUNE 30, 1977
+PEOPLE IN THIS REMOTE AREA CAN NOW REACH THEIR FRIENDS OR THE DOCTOR OR THE POLICE IN HONG KONG, OR EVEN THEIR RELATIONS IN THE UNITED KINGDOM OR ELSEWHERE, IN A MATTER OF SECONDS OR MINUTES.
+THIS TRANSFORMATION IS SYMBOLIC OF OUR DESIRE TO EXTEND TO ALL PARTS OF THE NEW TERRITORIES, AND TO THE GREATEST EXTENT PRACTICABLE, BENEFITS ENJOYED ELSEWHERE. THIS CAN ONLY BE DONE THROUGH THE EXTENSION OF COMMUNICATIONS.
+ IN FORMALLY DECLARING THE LAI CHI WO TELEPHONE EXCHANGE OPEN I TAKE THE OPPORTUNITY OF CONGRATULATING ALL WHO HAVE BEEN CONCERNED IN ITS PLANNING, CONSTRUCTION AND COMMISSIONING.+
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GOVERNMENT ACCOUNTS FOR MARCH 1977
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THE GOVERNMENT ACCOUNTS FOR THE MONTH OF MARCH 1977 SHOWED A SURPLUS OF $28.6 MILLION COMPARED WITH A DEFICIT OF $184 MILLION IN MARCH LAST YEAR.
TOTAL REVENUE AND RECEIPTS FOR MARCH 1977 WAS $874.9 MILLION AND TOTAL EXPENDITURE WAS $846.3 MILLION.
THE ACCUMULATED SURPLUS AT THE END OF THE FINANCIAL YEAR 1976-77 WAS $903 MILLION. THIS COMPARES WITH THE SURPLUS OF $850 MILLION FORECAST BY THE FINANCIAL SECRETARY IN HIS BUDGET SPEECH IN MARCH THIS YEAR.
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