XN000022-1993-03-01 — Page 18

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MONDAY, MARCH 1, 1993

MEDIA MEMBERS WILL BE GIVEN ADVANCE COPIES OF THE SPEECH AND ECONOMIC PROSPECTS AT NOON.

BUDGET

FIFTH

THEY MUST STAY IN THE GIS PRESS CONFERENCE ROOM ON THE FLOOR OF BEACONSFIELD HOUSE, QUEEN'S ROAD CENTRAL ΤΟ WORK ON THEIR COPIES AND WILL NOT BE ALLOWED TO LEAVE UNTIL AFTER THE FINANCIAL SECRETARY HAS CONCLUDED HIS SPEECH.

CONTACTS OF ANY KJ ND WITH OUTSIDE, SUCH AS TELEPHONE OR COMPUTER LINKS, ARE PROHIBITED DURING THE CLOSED WORKING SESSION. ALSO, MOBILE TELEPHONES WILL NOT BE ALLOWED INTO THE CONFERENCE ROOM.

GOVERNMENT OFFICIALS FROM THE FINANCE BRANCH WILL. BE ON HAND TO OFFER HELP TO MEDIA REPRESENTATIVES IN THE CONFERENCE ROOM FROM 12.30 PM. THEY WILL NOT GIVE INTERVIEWS AND THEY SHOULD NOT BE QUOTED.

THE FINANCIAL SECRETARY WILL MEET THE MEDIA AT THE GIS PRESS CONFERENCE ROOM AROUND 4 PM ΤΟ ANSWER QUESTIONS RELATING TO THE BUDGET AFTER HIS DELIVERY OF THE SPEECH IN THE LEGCO.

WATER STORAGE FIGURE

STORAGE IN HONG KONG'S RESERVOIRS AT 9 AM TODAY (MONDAY) STOOD AT 53 PER CENT OF CAPACITY OR 310.585 MILLION CUBIC METRES.

THIS TIME LAST YEAR THE RESERVOIRS CONTAINED 183.324 MILLION CUBIC METRES OF WATER, REPRESENTING 31.3 PER CENT OF CAPACITY.

-

0

-

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * *

$ MILLION

OPENING BALANCE IN THE ACCOUNT

1.505

REVERSAL OF LAF

+645

BALANCE AFTER REVERSAL OF LAF

2,150

NET INJECTION/WITHDRAWAL TODAY

NIL

EFFECT OF LAF TODAY

-340

CLOSING BALANCE IN THE ACCOUNT"

LAF RATE 2.00 BID/4.00 OFFER TWI 111.2

1,810

*+0.1*

1.3.93

HONG KONG