XN000022-1992-10-29 — Page 6

5

THURSDAY, OCTOBER 29, 1992

FS STARTS CONSULTATION ON REVENUE PROPOSALS

* *

MACLEOD,

WITH

HAS STARTED MEMBERS

HIS

OF THE FOR THE

THE FINANCIAL SECRETARY, MR HAMISH

(THURSDAY) ROUND OF CONSULTATIONS TODAY LEGISLATIVE COUNCIL TO HEAR THEIR VIEWS ON REVENUE PROPOSALS 1993/94 BUDGET.

HE HAS MET THE LEGISLATIVE COUNCIL THIS AFTERNOON.

HE WILL BE MEETING MEMBERS BY GROUPS SESSIONS OVER THE NEXT FORTNIGHT.

MEMBERS OF MEETING POINT

AT SEVEN OTHER SEPARATE

MR MACLEOD SAID: "I HAD VERY USEFUL DISCUSSIONS WITH MEMBERS IN IN TERMS OF BROAD POLICY JULY ON PRIORITIES FOR RECURRENT SPENDING AREAS.

EXPRESSED BY LEGCO

DURING MEMBERS

"THE SENTIMENTS CONSULTATION EXERCISE HAVE BEEN REFLECTED IN THE AMBITIOUS OUTLINED IN THE GOVERNOR'S RECENT POLICY ADDRESS.

THIS

PROGRAMMES

CONSULTATIONS AND I AM SURE THAT PROPOSALS FOR

"I LOOK FORWARD TO THE FORTHCOMING ROUND OF

ASPECTS. REVENUE TO SEEKING MEMBERS' VIEWS ON THE THEY WILL PROVE EQUALLY USEFUL IN HELPING ME SHAPE THE NEXT YEAR'S BUDGET."

THE FINANCIAL

SECRETARY

SAID

HE WOULD BE TAKING THE TO HEAR LEGCO MEMBERS'

OPPORTUNITY OF THE FORTHCOMING CONSULTATION VIEWS ON PRIORITIES FOR PUBLIC WORKS SPENDING.

0

-

MONETARY STATISTICS FOR SEPTEMBER

PUBLISHED

HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS RECORDED A STRONG INCREASE DURING SEPTEMBER, ACCORDING TO STATISTICS TODAY (THURSDAY) BY THE MONETARY AFFAIRS BRANCH.

DOLLAR

SUPPLY ON ALL LOANS AND

CONSISTENT WITH THIS, HONG KONG DOLLAR MONEY

THE MONTH. DURING

ROSE

DEFINITIONS ADVANCES ALSO INCREASED IN SEPTEMBER.

HONG KONG

DEPOSITS

HONG

KONG DOLLAR DEPOSITS

WITH

AUTHORISED

INSTITUTIONS,

ADJUSTED TO INCLUDE SWAP DEPOSITS, ROSE BY 2.8% IN SEPTEMBER FOLLOWING INCREASES OF 0.6% AND 1,0% IN JULY AND AUGUST RESPECTIVELY.

/AMONG THESE