XN000022-1997-03-12 — Page 70

Daily Information Bulletin 新聞公報 All

47

Others in Need

"In 1996-97, we are spending $7 billion on CSSA ( an increase of 35 per cent in real terms over 1995-96 and we expect a further increase of 11 per cent in real terms in 1997-98." (Para 63)

New Arrivals

"In 1997-98, we will spend a total of around $168 million on children of new arrivals (an increase of over 150 per cent in real terms over 1996-97." (Para 67)

Law and Order

"Hong Kong is a much safer place to live and work than other major cities like London, New York, Tokyo or Toronto." (Para 68)

"This is an Administration which is very conscious of the community's concerns and which will indeed strive to do more." (Para 70)

PUBLIC FINANCES

"We will start life as a Special Administrative Region in an extremely favourable position." (Para 71)

The 1996-97 Outturn

"I am now forecasting a surplus for 1996-97 of $15.1 billion." (Para 72)

The 1997-98 Estimates

80)

"I am forecasting an overall budget surplus for 1997-98 of $31.7 billion." (Para

Medium Range Forecast

"The SAR Government may well need to contribute $49 billion between 1998 and 2001 towards the construction of the high priority projects under the Railway Development Strategy." (Para 83)

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