TNAG-1073-FCO40-1323-Policy-of-the-Government-of-Hong-Kong-on-education-including-1981 — Page 272

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policy, the broad resources required in each programme area, and

whether and to what extent existing plans will achieve the stated

objective; (ii) to review actual achievements in the past year

against agreed policies and objectives for that year; and (iii)

based on (i) and (ii) and on any indications of constraints to be

adopted for planning purposes, to consider the relative priority of

any alternative courses of action both within Programme Areas and

between Programme Areas within Service groups, relating the

requirement for resources of each alternative with its effect on

the achievement of the objective.

(b) The Chief Secretary's Committee uses the information (i) to review

achievements against policies; and (ii) to decide the relative

priorities between services (Programme Groups) of alternative courses

of action, based on any constraints to be adopted for planning

purposes.

The Five-Year Forecast

4.14

Five-year forecasts of revenue and expenditure are prepared

annually. The present format provides for them to be compiled in three

main appendices, designed to distinguish between:

(a) the financial implications of maintaining existing activity

at the present levels (Appendix I);

(b)

(c)

the financial implications of increasing, or reducing, the

present levels of existing activities, and/or introducing new

activity at the present levels (Appendix II); and

the financial implications of increasing the present levels

of existing activities, and/or introducing new activities

where this is either not within approved policies or is within

approved policies but without specifically agreed timing

(Appendix III).

In order to facilitate the consideration of relative priorities, Controlling