XN000022-1987-02-23 — Page 3

MONDAY, FEBRUARY 23, 1987

FS TO PRESENT BUDGET WEDNESDAY

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HONG KONG'S BUDGET FOR THE FINANCIAL YEAR 1987-88 WILL BE PRESENTED TO THE LEGISLATIVE COUNCIL ON WEDNESDAY (FEBRUARY 25).

THE PROCEEDINGS WILL START AT 2.30 PM, WHEN THE FINANCIAL SECRETARY, THE HON PIERS JACOBS, MOVES THE FIRST AND SECOND READINGS OF THE APPROPRIATION BILL 1987 AND OUTLINES HONG KONG'S ESTIMATED REVENUE AND EXPENDITURE FOR 1987-88.

THE ESTIMATED HEADS OF EXPENDITURE WILL BE SET OUT IN THE SCHEDULE OF THE BILL TO BE PUBLISHED IN AN EXTRAORDINARY GAZETTE THE SAME AFTERNOON.

DEBATE ON THE BILL WILL BE ADJOURNED UNTIL MARCH 18 AND 19, WHEN MEMBERS WILL EXPRESS THEIR VIEWS ON THE BUDGET PROPOSALS.

ON APRIL 1 AND 2 OFFICIALS WILL REPLY TO POINTS RAISED BY MEMBERS.

THIS WILL BE FOLLOWED BY THE COMMITTEE STAGE AND THIRD READING OF THE BILL ON MAY 6.

THE FINANCIAL SECRETARY'S SPEECH ON WEDNESDAY WILL BE BROADCAST LIVE OVER RTHK'S RADIO 1 (CHINESE) AND RADIO 3 (ENGLISH).

RTHK WILL ALSO BROADCAST LIVE THE OTHER BUDGET SITTINGS ON MARCH 18 AND 19, APRIL 1 AND 2 AND MAY 6 ON RADIO 1 (CHINESE) AND RADIO 3 (ENGLISH).

THE BUDGET SITTINGS WILL ALSO BE COVERED, IN NORMAL NEWSCASTS AND BULLETINS OF RTHK, COMMERCIAL RADIO, HK-TVB AND ATV.

NOTE TO EDITORS:

GIS WILL PROVIDE FACILITIES ON WEDNESDAY (FEBRUARY 25) TO ENABLE MEDIA REPRESENTATIVES TO START WORK ON THEIR BUDGET STORIES EARLY IN THE DAY. MEDIA ORGANISATIONS ARE REQUESTED TO NOTE THAT NO PART OF THE FINANCIAL SECRETARY'S BUDGET SPEECH OR BUDGET RELATED DOCUMENTS WHICH THEY HAVE OBTAINED IN ADVANCE IS TO BE PUBLISHED OR BROADCAST BEFORE IT IS DELIVERED IN THE LEGISLATIVE COUNCIL.

FROM 10.45 AM ON WEDNESDAY, MEDIA REPRESENTATIVES WILL BE ABLE TO COLLECT THE FIRST, BACKGROUND, PART OF THE SPEECH AT THE GIS PRESS CONFERENCE ROOM, ON THE FIFTH FLOOR OF BEACONSFIELD HOUSE, QUEEN'S ROAD CENTRAL.

/THOSE WHO