IS
DAILY INFORMATION BULLETIN
ISSUED BY GOVERNMENT INFORMATION SERVICES BEACONSFIELD HOUSE, HONG KONG. TEL: 842 8777
SUPPLEMENT 1
WEDNESDAY, MARCH 2, 1994
CONTENTS
PAGE NO.
BUDGET:
BUDGET REFLECTS THE STRENGTH OF HK ECONOMY: GOVERNOR
1
1993
-
27TH SUCCESSIVE YEAR OF ECONOMIC GROWTH
2
LAST YEAR'S SUCCESS WILL PERSIST
4
SERVICING CHINESE ECONOMY
6
REMARKABLE TRANSITION FROM MANUFACTURING TO SERVICES
DYNAMIC DEVELOPMENT IN FINANCIAL SERVICES
INFLATION MUST BE CONTAINED
7
8
10
AIRPORT AND PORT DEVELOPMENT VITAL FOR GROWTH
14
LAND LINKS MUST BE IMPROVED
14
GOVT PROPOSES A FINANCIALLY-SECURE RETIREMENT
16
THREE POINTS ON BUDGET STRATEGY
·
18
19
·
RESERVES TOTAL $136.1 BILLION ON MARCH 31, 1994
HALF OF PUBLIC SPENDING DEVOTED TO HOUSING AND SOCIAL
SERVICES
+
PROPOSALS TO PROVIDE MORE PUBLIC HOUSING
/GOVT RETAINS
20
22