XN000022-1979-02-27 — Page 2

TUESDAY, FEBRUARY 27,

1979

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BUDGET DAY ON WEDNESDAY

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HONG KONG'S BUDGET FOR THE FINANCIAL YEAR 1979-80 WILL BE PRESENTED TO THE LEGISLATIVE COUNCIL TOMORROW (WEDNESDAY).

THE FINANCIAL SECRETARY, MR. PHILIP HADDON-CAVE WILL MOVE THE FIRST AND SECOND READINGS OF THE APPROPRIATION BILL 1979 AT 2.30 P.M. DURING WHICH HE WILL OUTLINE HONG KONG'S ESTIMATED REVENUE AND EXPENDITURE FOR 1979-80.

THE ESTIMATED HEADS OF EXPENDITURE WILL BE SET OUT IN THE SCHEDULE OF THE BILL TO BE PUBLISHED IN A GAZETTE EXTRAORDINARY AT 2.30 P.M. ON WEDNESDAY.

DEBATE ON THE SECOND READING OF THE BILL WILL BE ADJOURNED AND RESUMED ON MARCH 28 WHEN UNOFFICIAL MEMBERS WILL SPEAK ON THE FINANCIAL AND ECONOMIC STATE OF HONG KONG AND THE GENERAL PRINCIPLES OF GOVERNMENT POLICY AND ADMINISTRATIONS AS INDICATED BY THE BILL AND THE ESTIMATES. IF NECESSARY, THE DEBATE WILL CONTINUE ON MARCH 29.

ON APRIL 11 AND 12, THE OFFICIALS WILL REPLY TO POINTS RAISED BY THE IR UNOFFICIAL COLLEAGUES.

THIS WILL BE FOLLOWED ON APRIL 25 BY COMMITTEE STAGE AND THE THIRD READING OF THE BILL.

AS IN PREVIOUS YEARS, PROCEEDINGS WILL BE COMPREHENSIVELY COVERED BY RADIO AND TELEVISION STATIONS.

THE FINANCIAL SECRETARY'S SPEECH AT WEDNESDAY'S SITTING WILL BE BROADCAST LIVE OVER RADIO TELEVISION HONG KONG'S CHINESE (RADIO 2) AND ENGLISH (RADIO 3) SERVICES.

RADIO TELEVISION HONG KONG WILL ALSO BE ARRANGING FOR A TELEVISION APPEARANCE BY THE FINANCIAL SECRETARY ON +VIEWPOINT+ IN ENGLISH AND BY A REPRESENTATIVE OF THE FINANCE BRANCH ON +VIEWPOINT AND ANGLES+ IN CHINESE.

COMMERCIAL RADIO'S CHINESE SERVICE WILL BROADCAST TOMORROW'S BUDGET SITTING LIVE ON CHANNEL ONE.

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