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DAILY INFORMATION BULLETIN
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ISSUED BY GOVERNMENT INFORMATION SERVICES BEACONSFIELD HOUSE, HONG KONG. TEL: 5-233191
CONTENTS
WEDNESDAY, FEBRUARY: 27, 1980
INCREASE IN PERSONAL TAXATION ALLOWANCES PROPOSED.
$2 318 MILLION SURPLUS PREDICTED FOR 1979/80
HK'S GDP IN 1980 TO GRO BY NINE PER CENT
1979 ANXIETIES RECEDING AS HK ENTERS 1980
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HK ECONGMY MOVING TOWARDS INTERNAL AND EXTERNAL EQUILIBRIUM
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DOMESTIC EXPORTS IN 1980 TO GROW BY SEVEN PER CENT
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ONLY ONE FEE INCREASE PROPOSAL IN THE BUDGET
REVALUATION OF RATEABLE VALUES ABANDONED
TOTAL REVENUE TO RISE TO $21 428. MILLION
'STARTLING' RISE IN TOTAL EXPENDITURE
TAX REFORM TO FLUG LOOPHOLE
MORE LAND TO BE PUT ON SALE
$2 943 MILLION
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