TUESDAY, MARCH 2, 1993
WHAT THE BUDGET MEANS FOR YOU
* * *
HOW DOES THIS YEAR'S BUDGET AFFECT YOU?
TO FIND OUT, YOU SHOULD READ "WHAT THE 1993 BUDGET MEANS FOR YOU", A FREE, BILINGUAL LEAFLET TO BE ISSUED BY THE GOVERNMENT ON
BUDGET DAY.
THE EASY-TO-READ LEAFLET, GIVING BUDGET FACTS AND FIGURES AT A GLANCE, WILL BE ON GENERAL DISTRIBUTION AT THE HONG KONG AND KOWLOON STAR FERRY PIERS AND AT THE MTR STATIONS IN CENTRAL, ADMIRALTY, CAUSEWAY BAY, MONG KOK, WONG TAI SIN AND KWAI FONG.
IT WILL BE AVAILABLE PROM 4 PM TOMORROW (WEDNESDAY), IMMEDIATELY AFTER THE FINANCIAL SECRETARY GIVES HIS BUDGET SPEECH.
MEMBERS OF THE PUBLIC CAN ALSO OBTAIN COPIES FROM THE GOVERNMENT INFORMATION SERVICES PUBLISHING SUB-DIVISION, FRENCH MISSION BUILDING, BATTERY PATH, CENTRAL AND FROM ALL DISTRICT OFFICES BETWEEN 4 PM AND 7 PM.
THIS IS THE FIRST YEAR SUCH A BUDGET GUIDE HAS BEEN ISSUED. IT WILL EXPLAIN, IN SIMPLE TERMS, THE MAJOR POINTS OF THE BUDGET AND HOW THEY AFFECT THE AVERAGE HONG KONG CITIZEN.
MONETARY STATISTICS FOR JANUARY
HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS AND HONG KONG DOLLAR MONEY SUPPLY ON ALL DEFINITIONS INCREASED DURING JANUARY 1993, ACCORDING ΤΟ STATISTICS PUBLISHED TODAY (TUESDAY) BY THE MONETARY AFFAIRS BRANCH.
REFLECTING THE SEASONAL DEMAND FOR CASH WITH THE APPROACH OF THE CHINESE NEW YEAR, LEGAL TENDER NOTES AND COINS HELD BY THE NON- BANK PUBLIC ROSE SIGNIFICANTLY IN JANUARY.
HONG KONG DOLLAR LOANS AND ADVANCES ALSO INCREASED DURING
THE
MONTH.
LEGAL TENDER NOTES AND COINS
INFLUENCED BY SEASONAL FACTORS, LEGAL TENDER NOTES AND HELD BY THE NON-BANK PUBLIC ROSE BY 17.2% DURING JANUARY FOLLOWING A DECREASE OF 0.2% IN NOVEMBER 1992 AND AN INCREASE OF IN DECEMBER 1992.
COINS
1993,
5.5%
COMPARED WITH A YEAR EARLIER, THEY INCREASED BY 15.6%. HOWEVER, THIS YEAR-ON-YEAR COMPARISON WAS AFFECTED BY THE DIFFERENT TIMING OF THE CHINESE NEW YEAR.
/DEPOSITS