XN000022-1979-02-23 — Page 4

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FRIDAY, FEBRUARY 23, 1979

HONG KONG GOVERNMENT ACCOUNTS FOR NOVEMBER

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THE HONG KONG GOVERNMENT ACCOUNTS FOR NOVEMBER LAST YEAR SHOW A SURPLUS OF $714.6 MILLION, COMPARED WITH A SURPLUS OF $697.6 MILLION IN THE PREVIOUS NOVEMBER.

THIS WAS RESULTED IN AN ACCUMULATED SURPLUS OF $862.5 MILLION FOR THE FIRST EIGHT MONTHS OF THIS FINANCIAL YEAR, COMPARED WITH A SURPLUS OF $190,0 MILLION FOR THE LAST FISCAL YEAR.

TOTAL EXPENDITURE, AT $838.3 MILLION, WAS $200.2 MILLION MORE THAN IN NOVEMBER, 1977.

TOTAL REVENUE AND RECEIPTS, AT $1,552.9 MILLION, WAS $217.2 MILLION MORE THAN FOR THE SAME MONTH IN 1977.

ACCENT ON YOUTH FOR ROYAL VISIT TO YUEN LONG

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THE ACCENT WILL BE ON YOUTH WHEN HIS ROYAL HIGHNESS THE PRINCE OF WALES VISITS YUEN LONG ON MARCH 5.

NEARLY 1,000 YOUNG PEOPLE HAVE BEEN REHEARSING A COLOURFUL DISPLAY OVER THE LAST THREE WEEKS WHICH THEY WILL STAGE FOR PRINCE CHARLES AT THE YUEN LONG STADIUM.

THE STADIUM WILL BE PACKED WITH ABOUT 5,000 SCHOOL STUDENTS FOR THE VISIT AND THOUSANDS MORE WILL LINE THE ROUTE OF THE ROYAL MOTORCADE FROM SEK KONG TO YUEN LONG,

LOCAL COMMUNITY LEADERS ARE ALSO WORK ING HARD TO ENSURE A WARM WELCOME FOR THE ROYAL VISITA +PAI LAU+ COSTING ABOUT $40,000 IS BEING ERECTED AND FLAGS AND BUNTING WILL DECORATE THE TOWN.

+YUEN LONG IS FAMOUS FOR PUTTING ON A GOOD SHOW, THE DISTRICT OFFICER, MR. MICHAEL CARTLAND SAID TODAY (FRIDAY), AND WE HOPE TO TURN ON SOMETHING SPECIAL FOR PRINCE CHARLES.+

MR. CARTLAND NOTED THAT IN ORDER TO ALLOW AS MANY YOUNG PEOPLE AS POSSIBLE TO HAVE A CHANCE TO SEE THE PRINCE AND TO ENJOY THE DAY, STUDENTS OF YUEN LONG WOULD BE GIVEN THE DAY OFF.

/IN ADDITION