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THURSDAY, OCTOBER 28, 1993
IN RECOGNITION OF THEIR CONTRIBUTIONS TO THESE EVENTS, MR PATTEN PRESENTED CERTIFICATES TO REPRESENTATIVES OF THE HK MOTION PICTURE INDUSTRY ASSOCIATION, THE HONG KONG INSTITUTE OF ARCHITECTS, THE ACADEMY OF PERFORMING ARTS AND THE HONG KONG TRADE DEVELOPMENT COUNCIL.
MR PATTEN ALSO PRESENTED CERTIFICATES TO FILM STARS JACKIE CHAN, MAGGIE CHEUNG, ROSAMUND KWAN AND JOEY WANG, ALL OF WHOM WILL ATTEND THE OPENING NIGHT OF THE FILM FESTIVAL IN PARIS ON NOVEMBER 17.
JACKIE CHAN'S LATEST MOVIE CRIME STORY HAS BEEN SELECTED ΤΟ OPEN THE THREE-WEEK FESTIVAL.
AN APPRECIATIVE GATHERING OF ABOUT 60 SPECIAL GUESTS APPLAUDED RECIPIENTS AS THEY STEPPED UP TO COLLECT THEIR AWARDS.
THANKING THEM FOR THEIR EFFORTS, MR PATTEN SAID THE MISSION WAS EXTREMELY IMPORTANT TO HONG KONG AND WOULD LET MRS CHAN DEMONSTRATE TO EUROPEAN AUDIENCES THE QUALITIES THAT HAD LED то HER RECENT APPOINTMENT AS CHIEF SECRETARY-DESIGNATE.
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FS STARTS CONSULTATION ON REVENUE PROPOSALS
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THE FINANCIAL SECRETARY, MR HAMISH MACLEOD, TODAY (THURSDAY) STARTED CONSULTATION WITH LEGISLATIVE COUMCIL MEMBERS FOR THEIR VIEWS ON THE REVENUE ASPECTS OF THE 1994/95 BUDGET.
HE MET LEGISLATORS FROM THE LIBERAL PARTY AND THE UNITED DEMOCRATS OF HONG KONG THIS (THURSDAY) MORNING.
MR MACLEOD WILL BE MEETING OTHER MEMBERS IN GROUPS AT SEVEN SEPARATE SESSIONS OVER THE NEXT FORTNIGHT.
"I HAD VERY USEFUL DISCUSSIONS WITH MEMBERS ON THE PRIORITIES FOR SPENDING IN TERMS OF BROAD POLICY AREAS IN JULY AND AM LOOKING FORWARD TO THE CURRENT ROUND OF CONSULTATION ON THE REVENUE ASPECTS.
"I AM SURE THESE DISCUSSIONS WILL BE EQUALLY CONSTRUCTIVE AND WILL BE A GREAT HELP TO ME IN SHAPING THE REVENUE PROPOSALS FOR NEXT YEAR'S BUDGET," HE SAID.
SPEAKING то THE MEDIA AFTER THIS MORNING'S CONSULTATION SESSIONS, MR MACLEOD SAID IN THE NEXT YEAR'S BUDGET, HE WOULD GIVE A MEDIUM RANGE FORECAST UP TO 1997/98.
HE EXPLAINED THAT WHILE THE BUDGET ITSELF AND THE ANNUAL ESTIMATES DEALT WITH A PARTICULAR YEAR, THE MEDIUM RANGE FORECAST CONTAINED AT THE BACK OF A BUDGET WAS MERELY A FORECAST.
"THE FORECAST DOES NOT PRETEND TO TAKE INTO ACCOUNT FUTURE BUDGET DECISIONS AND ALSO BECAUSE IT IS BASED
ON AN AVERAGE GROWTH ASSUMPTION WHICH IS A FIVE PER CENT GDP GROWTH.
"AND OBVIOUSLY IN REAL LIFE, THINGS DO NOT ACCORDING TO THE AVERAGE, HE SAID.
WORK OUT EXACTLY
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