N
FRIDAY, OCTOBER 4, 1991
ANOTHER
EARLIER, MR TSAO SAID UNDER THE IMPROVEME’T PACKAGE, 1,000 LODGERS WOULD BE REHOUSED UNDER THE EXISTING SOCIAL WELFARE REHOUSING POLICY.
THE
THE ULTIMATE OBJECTIVE, HE SAID, WAS TO REHOUSE HALF OF EXISTING 4,000 BEDSPACE TENANTS IN SUITABLE ACCOMMODATION 50 AS ΤΟ REDUCE THE CROWDED CONDITION, THE FIRE RISKS OF THE BEDSPACE APARTMENTS AS WELL AS TO FACILITATE BETTER MANAGEMENT.
AS FOR LONG TERM MEASURES, MR TSAO SAID THE GOVERNMENT WOULD CONSIDER A LICENSING SYSTEM FOR BEDSPACE APARTMENTS.
HE STRESSED THAT IMPROVEMENTS ΤΟ THE LIVING CONDITIONS OF EXISTING BEDSPACE TENANTS COULD NOT BE ACHIEVED OVERNIGHT.
"HOWEVER, WITH THE SUPPORT AND CO-OPERATION OF THE VARIOUS ORGANISATIONS, I AM FULLY CONFIDENT THAT WE WILL SUCCEED, MR TSAO
SAID.
HE ALSO PRAISED THE TUNG WAH GROUP OF HOSPITALS FOR SETTING A LEADING EXAMPLE IN HELPING THE GOVERNMENT TO SOLVE THE BEDSPACE APARTMENT PROBLEM.
"I HOPE THAT MORE PUBLIC-MINDED INDIVIDUALS AND GROUPS WILL FOLLOW SUIT AND MAKE AN ACTIVE RESPONSE,' MR TSAO ADDED.
MONETARY STATISTICS FOR AUGUST 1991
HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS
DURING AUGUST, INCREASED
ACCORDING TO STATISTICS PUBLISHED TODAY (FRIDAY) BY THE MONETARY AFFAIRS BRANCH.
CONSISTENT WITH THIS, HONG KONG DOLLAR MONEY SUPPLY
DURING THE DEFINITIONS ROSE
MONTH. HONG
DOLLAR KONG ADVANCES ALSO RECORDED AN INCREASE IN AUGUST.
ALL ON LOANS AND
DEPOSITS
HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS, AUGUST FOLLOWING ADJUSTED TO INCLUDE SWAP DEPOSITS, GREW BY 2.4% IN INCREASES OF 2.2% AND 1.7% IN JUNE AND JULY RESPECTIVELY.
OF THESE DEPOSITS, DEMAND DEPOSITS AND SAVINGS DEPOSITS ROSE BY 2.2% AND 8.6% RESPECTIVELY WHILE TIME DEPOSITS FELL BY 1.1% IN AUGUST. COMPARED WITH A YEAR AGO, TOTAL HONG KONG DOLLAR DEPOSITS GREW BY 8.7%.
FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS INCREASED BY 0.6% IN AUGUST, FOLLOWING DECREASES OF
AND RESPECTIVELY IN JUNE AND JULY.
0.6%
0.7%
/AMONG THESE