2
FRIDAY, JUNE 9, 1989
OF
"AND HOW WE WANT TO LOOK AGAIN AT THE QUESTION OF THE RATE CHANGE OF REPRESENTATIVE GOVERNMENT TO TAKE ACCOUNT OF THE CHANGING VIEWS OF THE PEOPLE IN HONG KONG, BECAUSE THERE HAVE BEEN QUITE SIGNIFICANT CHANGES OF VIEW IN HONG KONG, HE ADDED.
་་
THE GOVERNOR SAID ALTHOUGH HE HAD NOT DISCUSSED HONG KONG'S FUTURE AS A FINANCIAL INVESTMENT CENTRE. HE POINTED OUT THAT THE FINANCIAL INSTITUTIONS IN HONG KONG HAD HELD UP EXTREMELY WELL IN THE PRESENT CRISIS.
"THAT'S VERY ENCOURAGING BECAUSE IN OCTOBER 87. WITH THE STOCK MARKET CRASH, OUR INSTITUTIONS WERE NOT SUFFICIENTLY GOOD TO STAND UP TO THE PROBLEM. WE'VE REVISED THOSE INSTITUTIONS AND THEY HAVE STOOD UP VERY WELL INDEED, SIR DAVID SAID.
THE GOVERNOR
*T
SAID BRITAIN'S NEW COMMITMENT OF 4.5 MILLION THE HONG KONG GOVERNMENT TO HELP IN PROVIDING ACCOMMODATION FOR VIETNAMESE BOAT PEOPLE WAS A GREAT HELP.
POUNDS STERLING TO
HE SAID THE MONEY WAS BEING MADE AVAILABLE DIRECTLY TO THE HONG KONG GOVERNMENT, AND WAS IN ADDITION TO FUNDS GIVEN THROUGH THE UNHCR.
IT WAS A HELP, AND EVERYTHING IN THESE CIRCUMSTANCES WAS HELP.
"WE HAVE A COLOSSAL PROBLEM WHICH IS GETTING CLOSE ΤΟ OVERWHELMING US. ALTHOUGH WE HAVE BEEN DEALING WITH IT.
"WE ARE IN A REALLY DESPERATE SITUATION FOR ACCOMMODATION. WE'VE HAD TO BUILD NEW ACCOMMODATION. WE'RE HAVING TO PUT UP EMERGENCY ACCOMMODATION AND TO HAVE ANOTHER 4.5 MILLION POUNDS TO HELP US IS OF GREAT ASSISTANCE, SIR DAVID SAID.
BRITAIN'S $55 MILLION DONATION ON VBP WELCOMED
BRITISH
MILLION
THE GOVERNMENT TODAY (FRIDAY) WELCOMED THE GOVERNMENT'S DECISION TO CONTRIBUTE ANOTHER FOUR AND A HALF POUNDS STERLING (HK$55 MILLIONI ΤΟ HONG KONG FOR EMERGENCY ACCOMMODATION OF VIETNAMESE BOAT PEOPLE.
"THE CONTRIBUTION IS PARTICULARLY WELCOME IN THAT IT MADE DIRECT TO HONG KONG,' A GOVERNMENT SPOKESMAN SAID.
WILL BE
$135
OF ITS MILLION
HE NOTED THAT THIS WOULD BE THE SECOND CONTRIBUTION KIND FROM BRITAIN IN LESS THAN SEVEN WEEKS, BRINGING TO THE TOTAL AMOUNT OF THE TWO CONTRIBUTIONS.
/"ON APRIL