XN000022-1973-02-28 — Page 1

香港政府

GIS

新聞處

DAILY INFORMATION BULLETIN

(PART I)

Wednesday, February 28, 1973

CONTENTS

A number of tax reform and tax relief proposals have been made by the Financial Secretary

Page No.

1

•

The duty on fuel oil will be abolished with effect from tomorrow

4

The rate of duty on alcoholic liquors of over 78 degrees proof has gone up.

5

Several concessions on stamp duties have been proposed by the Financial Secretary

6

Learner drivers will have to pay more for a provisional driving licence

The Financial Secretary has estimated a drop in Hong Kong's overseas reserves at the end of this financial year ..........

8

10

Most of this year's surplus will be used for setting up a special Mass Transit Fund

12

Hong Kong is to have four more technical institutes

13

Surplus for 1972-73 is the largest ever experienced

14

The Financial Secretary predicts that rent increases should slow down this year

18

The Gross Domestic Product in 1973 is expected to increase by about 17 per cent

19

The Government is examining ways to slow down the rise in the money supply

21

/Total

Issued by Government Information Services, Beaconsfield House, Hong Kong. Tel: 5-233191

PRH 7