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THURSDAY, MARCH 3, 1994
CS SPEAKS TO PRESS AFTER VISITING WAN CHAI POLICE STATION
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MRS CHAN GOOD AFTERNOON EVERYONE. I HAVE JUST COME FROM SOME VERY USEFUL DISCUSSIONS WITH THE CP AND HIS STAFF AND HAVE BEEN FORTUNATE TO SEE FOR MYSELF SOME ASPECTS OF THE POLICE WORK. THE COMMISSIONER AND HIS STAFF ARE CLEARLY DOING AN EXCELLENT JOB IN ENSURING THAT OUR STREETS CONTINUE TO BE FREE OF CRIME AND SAFE FOR OUR POPULATION AND WE OBVIOUSLY ARE KEEN TO ENSURE THAT THE POLICE CONTINUE TO HAVE THE RESOURCES THAT THEY NEED TO COMBAT CRIME. I'D ALSO LIKE TO SAY A FEW WORDS ABOUT THE BUDGET.
YESTERDAY THE FINANCIAL SECRETARY DELIVERED A REMARKABLE BUDGET AND I THINK IN THIS BUDGET EVERYBODY CAN SEE SOMETHING IN IT FOR THEMSELVES. IT UNDERLINES THE STRENGTH OF OUR ECONOMY. TT SAYS A GREAT DEAL ABOUT THE EFFICACY OF OUR FINANCIAL MANAGEMENT POLICIES. FOR THE SECOND YEAR RUNNING, THE FINANCIAL SECRETARY HAS BEEN ABLE TO INCREASE PUBLIC EXPENDITURE IN THE ARRAS THAT THE COMMUNITY WISHES TO SEE MORE RESOURCES BEING SPENT. AT THE SAME TIME, HE HAS BEEN ABLE TO CUT TAXES SO THAT EVERYBODY BENEFITS AND ALSO STRENGTHEN THE POSITION OF OUR RESERVES. I HOPE THAT THIS WILL SEND A CLEAR STATEMENT OF CONFIDENCE TO NOT ONLY OUR OWN COMMUNITY BUT ALSO TO THE INTERNATIONAL COMMUNITY AND THAT IT WILL BE REASSURING FOR THE CHINESE PARTICULARLY IN NOTING THAT AFTER 1997 THE SAR GOVERNMENT WILL INHERIT AN EXTREMELY STRONG FINANCIAL POSITION. I UNDERSTAND THAT THE EXPERT TALKS ON THE AIRPORT FINANCING ARRANGEMENT IS STILL GOING ON. WE HAVE, AS YOU KNOW, PUT FORWARD A FOURTH FINANCING PROPOSAL TO THE CHINESE WHICH, WE HOPE, ADDRESSES ALL THE CONCERNS THAT THE CHINESE HAD PUT TO US IN PREVIOUS DISCUSSIONS AND WE LOOK FORWARD VERY MUCH TO A POSITIVE RESPONSE FROM THE CHINESE AND TO BARLY AGREEMENT SO THAT THE AIRPORT PROJECT CAN GO AHEAD AT FULL SPEED.
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BUDGET TO SEND A STATEMENT OF CONFIDENCE: CS
AFTERNOON
THE CHIEF SECRETARY, MRS ANSON CHAN, THIS (THURSDAY) SAID SHE HOPED THE REMARKABLE BUDGET DELIVERED BY THE FINANCIAL SECRETARY YESTERDAY WOULD SEND A CLEAR STATEMENT OF CONFIDENCE TO ONLY THE LOCAL COMMUNITY BUT ALSO TO THE INTERNATIONAL COMMUNITY,
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"IT WILL BE REASSURING FOR THE CHINESE PARTICULARLY IN NOTING THAT AFTER 1997, THE SAR GOVERNMENT WILL INHERIT AN EXTREMELY STRONG FINANCIAL POSITION, SHE SAID.
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SPEAKING TO REPORTERS AFTER HER VISIT TO THE WAN CHAI POLICE STATION, THE CHIEF SECRETARY SAID: "I THINK IN THIS BUDGET EVERYBODY CAN SEE SOMETHING IN IT FOR THEMSELVES. IT UNDERLINES THE STRENGTH OUR ECONOMY.
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"IT SAYS A GREAT DEAL ABOUT THE EFFICACY OF OUR FINANCIAL MANAGEMENT POLICIES.
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