XN000022-1986-02-26 — Page 14

IS

DAILY INFORMATION BULLETIN-SUPPLEMENT

ISSUED BY GOVERNMENT INFORMATION SERVICES BEACONSFIELD HOUSE, HONG KONG TEL: 5-233191

CONTENTS

IMPROVING INFRASTRUCTURE TOP PRIORITY

-

$98 MILLION SURPLUS SHOWN FOR THIS YEAR

$39.5 BILLION SPENDING SET FOR 186-87

$40 BILLION REVENUE EXPECTED

WEDNESDAY, FEBRUARY 26, 1986

SIR JOHN

+SMALL+ $348M SURPLUS SEEN FOR '86-87

HYDROCARBON OILS: 4.5 PER CENT DUTY RISE SOUGHT

TOBACCO DUTY RISE PROPOSED

BANK, DTC LICENCE FEE BISE PROPOSED

TAX ALLOWANCE TO BENEFIT 96 PER CENT

REPEAL OF OFFSHORE DEPOSITS LAW PROPOSED

RISE IN VEHICLE, DRIVING LICENCE FEES PLANNED

+REGULAR REVISIONS BEST GUARANTEE+

EXCLUSION FROM CHARGE TO STAMP DUTY SOUGHT

COMMISSION STUDYING LAND SALES PLAN

+I WISH I HAD BEEN MORE FAR SIGHTED+

INFLATION UNDER 4 PER CENT

MORE SALARIES TAX ALLOWANCE PROPOSED

EXPENDITURE OVER 16 PER CENT OF GDP

GDP UP BY ONE PER CENT

4.5 PER CENT GDP GROWTH SEEN FOR

·86

/STABILITY

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