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FRIDAY, NOVEMBER 7, 1980
THE 147-PAGE REPORT ALSO GIVES A FULL ACCOUNT OF THE CHANGING CHARACTERISTICS OF HONG KONG'S NARCOTICS SCENE AS WELL AS ALL IMPORTANT DEVELOPMENTS OF THE VARIOUS MAJOR ACTION PROGRAMMES BEING CARRIED OUT.
THE REPORT'S ENGLISH AND CHINESE EDITIONS ARE PUBLISHED SEPARATELY. THE CHINESE VERSION IS BEING PREPARED AND WILL BE AVAILABLE SOON.
A SPOKESMAN FOR THE ACAN SAID THE REPORT IS AN INFORMATIVE AND HIGHLY READABLE DOCUMENT FOR MEMBERS OF THE PUBLIC WHO ARE
INTERESTED IN KNOWING MORE ABOUT THE SERIOUS LONG-STANDING SOCIAL PROBLEMS OF NARCOTICS ADDICTION IN HONG KONG.
IT IS PARTICULARLY RECOMMENDED TO TEACHERS, STUDENTS, SOCIAL WORKERS AND PEOPLE OF OTHER PROFESSIONS WHOSE WORK MAY BE DIRECTLY OR INDIRECTLY ASSOCIATED WITH THE NARCOTICS ISSUE, HE ADDED.
THE ENGLISH EDITION OF THE REPORT WILL BE ON SALE AT $15.A COPY FROM THE END OF NEXT WEEK AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL.
GOVERNMENT ACCOUNTS FOR SEPTEMBER
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THE GOVERNMENT ACCOUNTS FOR SEPTEMBER 1980 PUBLISHED IN THE GAZETTE TODAY SHOW AN ACCUMULATED SURPLUS FOR THE FIRST SIX MONTHS OF THE YEAR (APRIL TO SEPTEMBER) OF $1 703 MILLION, COMPARED WITH A DEFICIT OVER THE SAME PERIOD LAST YEAR OF $384 MILLION.
THIS SURPLUS WAS THE RESULT OF A HIGHER THAN EXPECTED REVENUE YIELD WHICH MORE THAN OFFSET INCREASED EXPENDITURE.
TOTAL GROSS EXPENDITURE OVER THE SIX MONTH PERIOD WAS $7 644 MILLION, COMPARED WITH $5 667 MILLION OVER THE SAME PERIOD LAST YEAR. THE INCREASE OF $1 977 MILLION WAS HIGHER THAN ENVISAGED IN THE BUDGET. THE EXCESS WAS ON RECURRENT ACCOUNT, AND WAS DUE TO SALARY REVISIONS FOR THE CIVIL SERVICE AND STAFF OF SUBVENTED ORGANIZATIONS AND THE COST OF MEASURES TAKEN TO COMBAT ILLEGAL IMMIGRATION.
TOTAL REVENUE OVER THE SIX MONTH PERIOD WAS $9 347 MILLION, COMPARED WITH $5 283 MILLION OVER THE SAME PERIOD LAST YEAR. THE INCREASE OF $4 064 MILLION WAS SUBSTANTIALLY HIGHER THAN ENVISAGED IN THE BUDGET DUE TO HIGHER THAN EXPECTED YIELDS FROM LAND SALES AND, ADDITIONALLY, THE HIGH TURNOVER ON THE STOCK EXCHANGES WHICH RESULTED IN MORE STAMP DUTY REVENUE.
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