TNAG-0583-FCO40-716-Estimates-of-gross-domestic-product-(GDP)-of-Hong-Kong-1976 — Page 18

CONFIDENTIAL

FOR OUR DEFINITION OF CONSOLIDATED ACCCUNT EXPENDITURE SEE PARAGRAPH

23 ON PAGE 34 OF THE GENERAL MEMORANDUM NOTE ON THE 1976-77

ESTIMATES.

5. THE PERCENTAGES FOR THE LAST THREE YEARS AS DEFINED IN

PARAGRAPH 4 ABOVE ARE:

1974

1975

1976

| (A)

18%

18%

17%

(B)

18%

19%

18%

(C)

12%

12%

11%

6. I REGRET HAVING HAD TO REPLY AT SUCH LENGTH BUT IT IS NOT

POSSIBLE TO GIVE A BRIEF YET ACCURATE REPLY.

ROBERTS

FILES

HKD

FED

FRD

ECON D

OLA

PS/LORD GORONWY-ROBERTS PS/MR.LUARD

MR.MALE

MR. THOMAS

MR.HAYES

3 - CONFIDENTIAL

COPIES TO:

HKGO

LONDON