XN000022-1975-02-26 — Page 1

PAH J

KK

|香港政府

GIS

515 新聞處

DAILY INFORMATION BULLETIN

CONTENTS

WEDNESDAY, FEBRUARY 26, 1975

HIGHER TAXES AND FEES PROPOSED TO RAISE AN EXTRA $467 MILLION IN REVENUE FOR 1975/76..................

GOVERNMENT SPENDING IN THE COMING FINANCIAL YEAR ON SOCIAL COMMUNITY AND OTHER SERVICES WILL CONTINUE TO GROW

FINANCIAL SECRETARY PROPOSES MODEST INCREASE IN GENERAL RATES

$429 MILLION DEFICIT BUDGETED FOR 1975-76 FINANCIAL YEAR

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5

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ABOUT 20 PER CENT OF DOMESTIC CONSUMERS WILL BE AFFECTED BY PROPOSED HIGHER WATER CHARGES

12

INCREASE IN POSTAL CHARGES PROPOSED

14

HONG KONG'S OVERALL ECONOMY LIKELY TO PICK UP SPEED AGAIN IN 1976/77 --

--- SAYS FINANCIAL SECRETARY

16

PROPOSALS TO RAISE EXTRA REVENUE OUTLINED FOR THREE- YEAR FORECAST PERIOD OF 1976-79 ......

20

GOVERNMENT EXPENDITURE ON BOTH CONSUMPTION AND INVESTMENT WILL CONTINUE TO INCREASE

22

NEW RESERVES ESTIMATE REPRESENTS ONLY 36 PER CENT OF ESTIMATED EXPENDITURE FOR NEXT FINANCIAL YEAR

25

FINANCIAL SECRETARY DEFENDS HONG KONG DOLLAR FLOAT

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BUDGET TALK ON TELEVISION PROGRAMME +VIEWPOINT+

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OPENING OF NEW NURSERY IN SHEK LEI ESTATE BY DIRECTOR OF SOCIAL WELFARE

31

WATER CUT IN SHEK KIP MEI

32

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