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WEDNESDAY, APRIL 26, 1989
IN RELATION TO INDUSTRIAL ACTIONS IN THE CIVIL SERVICE, MR HO URGED THE GOVERNMENT TO EXAMINE WHETHER THE RIGID MASTER PAY SCALE WAS ABLE TO COPE EFFECTIVELY WITH THOSE SECTORS OF THE CIVIL SERVICE WHICH WERE IN DIRECT COMPETITION WITH DEMANDS FROM THE PRIVATE SECTOR.
PAY
AND
"BESIDES EQUITABLE
COMPENSATION PACKAGES, PROFESSIONALS IN THE CIVIL SERVICE SHOULD BE GIVEN EQUAL OPPORTUNITIES TO RISE TO POLICY MAKING LEVELS, HE ADDED.
14
"FOR GOVERNMENT DEPARTMENTS THAT PROVIDED SERVICES EITHER то OTHER GOVERNMENT DEPARTMENTS OR TO THE PUBLIC AND FOR WHICH THERE WERE VERY FEW MEANS OF MEASURING THEIR LEVEL OF EFFICIENCY AND
HO SUPPORTED
PRODUCTIVITY, MR
THE IDEA OF THE
'TRADING FUNDS ACCOUNTING SYSTEM'.
"
ESTABLISHMENT OF
WHICH GOVERNMENT NOTING THAT THE
"WE SHOULD ALSO EXAMINE THE SYSTEM BY DEPARTMENTS CHARGE FOR THEIR SERVICES, HE SAID, BUILDINGS ORDINANCE OFFICE, THE TOWN PLANNING OFFICE AND THE DISTRICT LANDS OFFICES COULD BE SOME OF THE DEPARTMENTS WHICH OFFERED THEIR SERVICES ON A FULL COST RECOVERY BASIS.
—
FINALLY. HE BELEIVED THAT AS LONG AS WE WERE COMMITTED TO
NATURAL PRESERVE THE TWO
ASSETS OF HONG KONG
THE INITIATIVE, RESILIENCY AND INDUSTRIOUSNESS OF ITS PEOPLE, AND A DEDICATED CIVIL SERVICE
POSITION WE SHOULD BE ABLE TO MAINTAIN OUR
IN THE HIGHLY COMPETITIVE WORLD MARKET, AS WELL AS HOLDING OUR COMMUNITY TOGETHER WITH A POSITIVE OUTLOOK TO THE FUTURE.
J
INFLATION IS PRICE OF HONG KONG'S SUCCESS: RONALD ARCULLI
DESPITE SURPLUS AFTER SURPLUS, HONG KONG SEEMED то BE THE VICTIM OF ITS OWN ECONOMIC SUCCESS WITH INFLATION BEING THE PRICE OF SUCH SUCCESS, THE HON RONALD ARCULLI SAID IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
SPEAKING IN THE BUDGET DEBATE, MR ARCULLI NOTED THAT THERE WAS LITTLE ONE COULD DO то CONTAIN OR INFLUENCE INFLATION IN THE TERRITORY.
"ON THE MONETARY SIDE THE CONSTRAINT IS SIMPLY THE US DOLLAR INTEREST RATE AS HONG KONG INTEREST RATES GENERALLY HAVE ΤΟ FOLLOW SUIT."
HE SAID WHILE THE GOVERNMENT'S COMMITMENT TO THE LINKED RATE SYSTEM SEEMED FIRM, HE COULD NOT HELP BUT WONDER WHETHER WE SHOULD HAVE ANY LINKED EXCHANGE RATE AND, IF SO, WHETHER WE SHOULD LINK THE HONG KONG DOLLAR TO MORE THAN ONE CURRENCY.
/ON THE
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