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MONDAY, MARCH 5, 1990
FS TO PRESENT BUDGET ON WEDNESDAY
HONG KONG'S BUDGET FOR THE FINANCIAL YEAR 1990-91 PRESENTED TO THE LEGISLATIVE COUNCIL ON WEDNESDAY (MARCH 7).
WILL BR
THE PROCEEDINGS WILL START AT 2.30 PM. WHEN THE FINANCIAL SECRETARY, SIR PIERS JACOBS, MOVES THE FIRST AND SECOND READINGS OF THE APPROPRIATION BILL 1990, AND OUTLINES THE ESTIMATED EXPENDITURE FOR 1990-91.
THE HEADS OF EXPENDITURE WERE SET OUT IN THE BILL 1990 WHICH WAS PUBLISHED IN THE GAZETTE ON FRIDAY.
REVENUE AND
APPROPRIATION
DEBATE ON THE BILL WILL BE ADJOURNED UNTIL APRIL 25 AND WHEN MEMBERS WILL GIVE THEIR VIEWS ON THE BUDGET PROPOSALS.
OFFICIALS WILL REPLY ON MAY 9 TO POINTS RAISED BY MEMBERS.
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ON MAY 16 THE BILL IS DUE TO GO THROUGH THE COMMITTEE STAGE AND BE GIVEN A THIRD READING.
THE FINANCIAL SECRETARY'S SPEECH ON WEDNESDAY WILL BE BROADCAST LIVE BY RADIO TELEVISION HONG KONG'S RADIO 5 (CHINESE) AND RADIO 3 (ENGLISH).
RADIO 5 AND RADIO 3 WILL ALSO BROADCAST LIVE THE OTHER BUDGET SITTINGS ON APRIL 25 AND 26 AND MAY 9 AND 16.
NOTE TO EDITORS:
GIS WILL PROVIDE FACILITIES ON WEDNESDAY, (MARCH 7) TO ENABLE REPRESENTATIVES TO START WORK ON THEIR BUDGET STORIES EARLY.
MEDIA REPRESENTATIVES WILL BE GIVEN ADVANCE COPIES OF THE BUDGET SPEECH AND ECONOMIC PROSPECTS AT 12 NOON, BUT THEY MUST STAY AT THE GIS PRESS CONFERENCE ROOM (FIFTH FLOOR OF BEACONSFIELD HOUSE, QUEEN'S ROAD CENTRAL) TO WORK ON THEIR COPIES AND WILL NOT BE ALLOWED TO LEAVE UNTIL AFTER THE FINANCIAL SECRETARY HAS CONCLUDED HIS SPEECH.
CONTACTS OF ANY KIND WITH THE OUTSIDE, SUCH AS TELEPHONE OR COMPUTER LINKS, WILL NOT BE PERMITTED DURING THE "LOCK-IN", ALSO, MOBILE TELEPHONES WILL NOT BE ALLOWED INTO THE CONFERENCE ROOM,
REPRESENTATIVES FROM THE ECONOMIC SERVICES BRANCH AND THE FINANCE BRANCH WILL BE ON HAND TO OFFER ASSISTANCE TO MEDIA REPRESENTATIVES IN THE PRESS CONFERENCE ROOM FROM 12.30 PM. THEY ARE NOT THERE TO GIVE INTERVIEWS, AND THEY SHOULD NOT BE QUOTED.
LIGHT REFRESHMENTS AND SANDWICHES WILL BE SERVED AND GIS OFFICERS WILL BE ON HAND TO OFFER HELP.
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