WEDNESDAY, FFBRUARY 24, 1993
ALL WORKSHOP EXPENSES INCURRED BY EMSD WILL BE DEBITED TO THE NEW ACCOUNT WHILE THE CHARGES PAID BY USER DEPARTMENTS AND OTHER PUBLIC BODIES WILL BE CREDITED TO IT.
AND
MOVING THE RESOLUTION ON THE ESTABLISHMENT OF ELECTRICAL MECHANICAL SERVICES DEPARTMENT WORKSHOP SERVICES SUSPENSE ACCOUNT, THE SECRETARY FOR THE TREASURY, MR KY YEUNG, SAID:
"THE AIM IN ESTABLISHING THE PROPOSED SPECIAL SUSPENSE ACCOUNT IS FURTHER TO PROMOTE GREATER COST-CONSCIOUSNESS AMONGST USERS OF WORKSHOP SERVICES, AND ΤΟ EXTEND THE APPLICATION OF COMMERCIAL DISCIPLINES TO THE REMAINING WORKSHOPS OF THE ENSD.'
MR YEUNG WELL CHAIR A COMMITTER TO MONITOR THE ACCOUNT.
INFLATION NO QUICK AND EASY CURE
THE TEMPORARY RELAPSE OF CONSUMER PRICE INDPX (A) LAST MONTH TO 10.1 PER CENT IS PRIMARILY DUE TO THE INFLUENCE OF THE LUNAR NEW AND THE UNDERLYING
YEAR SITUATION HAS NOT WORSENED, THE ECONOMIC SERVICES, MRS ANSON CHAN,
SECRETARY FOR TOLD THE LEGISLATIVE COUNCIL (WEDNESDAY).
TODAY
REPLYING TO A QUESTION BY THE HON DAVID LE SECRETARY SAID CONSUMER PRICE INFLATION HAD MODERATED FROM THE PEAK OF 13.9 PER CENT RECORDED IN APRIL 1991.
KWOK-PO,
THE
CONSIDERABLY
SHE SAID THERE WAS NO QUICK AND EASY CURE TO INFLATION.
THE
GOVERNMENT MUST BE CAREFUL NOT TO INTRODUCE NEASURES MIGHT SEEM SUPERFICIALLY ATTRACTIVE IN THE SHORT TERM BUT WHICH INFLICT LASTING DAMAGE ON HONG KONG'S ECONOMY.
INFLATION
ALTHOUGH THE MEASURES AVAILABLE TO THE GOVERNMENT FOR WERE LIMITED, THE GOVERNMENT REMAINED COMMITTED TO PUBLIC EXPENDITURE UNDER CONTROL, ENSURING ADEQUATE SUPPLY OF AND LAND, PROMOTING EFFICIENCY AND COMPETITION, RESOURCES
THAT
COULD
CURBING
KEEPING
LABOUR ENHANCING HUMAN
THROUGH EDUCATION AND TRAINING, AND DISCOURAGING SPECULATION, SHE ADDED,
PROPERTY
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