FRIDAY, SEPTEMBER 9, 1977

+WORK ON THE 10,000 SQ. METRE ROOF, BEING CARRIED OUT ON THE GROUND, IS PROGRESSING SMOOTHLY. WHEN COMPLETED, IT WILL BE RAISED 26 METRES TO REST ON TEMPORARY STEEL TOWERS.+

THE SPECTATOR STAND AND INTERIOR OF THE STADIUM WOULD THEN BE BUILT BENEATH IT.

+ONCE THIS WORK IS COMPLETED, THE ROOF WILL THEN BE LOWERED ONTO THE CONCRETE RIM OF THE SPECTATOR STAND, AND THE TEMPORARY STEEL TOWERS SUPPORTS CUT AWAY, MR. WONG SAID.

CONSTRUCTION OF THE SPECTATOR STAND WILL TAKE ABOUT 19 MONTHS AND THE WHOLE STADIUM SHOULD BE READY IN THE SECOND HALF OF 1980 TO BE HANDED OVER TO THE URBAN COUNCIL FOR MANAGEMENT.

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GOVERNMENT ACCOUNTS FOR JUNE

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THE GOVERNMENT ACCOUNTS FOR THE MONTH OF JUNE 1977 SHOW A DEFICIT OF $179.2 MILLION AS COMPARED WITH A DEFICIT OF $180.7 MILLION IN JUNE LAST YEAR.

THIS HAS REDUCED THE ACCUMULATED SURPLUS TO $24.7 MILLION FOR THE FIRST THREE MONTHS OF THIS FINANCIAL YEAR, COMPARED WITH A DEFICIT OF $54.1 MILLION FOR THE SAME PERIOD LAST YEAR.

TOTAL EXPENDITURE AT $623.4 MILLION WAS $69 MILLION MORE THAN IN JUNE 1976.

TOTAL REVENUE AND RECEIPTS AT $444.2 MILLION WAS $70.5 MILLION MORE THAN THE SAME MONTH LAST YEAR.

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