TNAG-1434-FCO40-1917-Hong-Kong-leading-personality-Sir-Yue-Kong-Pao--businessman-1986 — Page 258

CA TAAJ

CONFIDENTIAL

SIR Y K PAO'S CHEVENING WEEKEND

15-16 MARCH 1986

V. HONG KONG CIVIL SERVICE PAY

Points to Make

scales of its

1.

For Hong Kong Government

to

determine pay

employees.

Understand these a re set

by reference

to

comparable

private sector pay levels.

2.

Am confident that Hong Kong Government will

continue to be

prudent in its financial management. Encouraging that Hong Kong

now

in surplus:

understand

budget

should remain at 16% of GDP in next

that public

sector

expendi ture

financial year, an impressively

low figure.

CONFIDENTIAL