TNAG-1641-FCO40-2288-Budget-of-Hong-Kong-1987 — Page 181

11.2.87

SECRET

31

62.

To sum up, the result of the changes I have

described is to turn the modest estimated surplus of

$0.35 billion on General Revenue Account (18) at the start

of the year into a much stronger expected outturn of just

om $3 billion (19).

(18)

Recurrent Capital

($mn) ($mn)

Total

($mn)

Revenue

38,199

893

39,092

Expenditure (excluding

transfers to funds)

32,363

1,581

33,944

Surplus/ (deficit)

5,836

(688)

5,148

Less transfers to funds

4,800

Surplus

348

(19)

Recurrent

Capital

Total

($mn)

($mn)

($mn]

Revenue

41,179

1,929

43,108

Expenditure (exclu-

32,397

1,534

33,931

ding net transfers

to funds)

Surplus

Less transfers to funds (net)

Surplus

SECRET

8,782

395

9,177

_6,100

3,077

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