TNAG-0622-FCO40-770-Budget-of-Hong-Kong-1977 — Page 49

Sources

CONFIDENTIAL

ANNEX

1965/6

1967/8

Public Expenditure as % of GDP

17.2

14.6

1969/70

12.7

1971/2

13.6

1973/4

17.0

1975/6

17.5

1976/7

16.4

1977/8

17.6

(1) Hong Kong: Estimates of Revenue and

Expenditure 1976/7. Appendices VI and VIII,

pp 791/3: (except 1976/7 and 1977/8).

(11) Hong Kong: Financial Secretary's Budget

Speech, 2 March 1977, para 225 (for 1976/7

and 1977/8).

CONFIDENTIAL