TNAG-1641-FCO40-2288-Budget-of-Hong-Kong-1987 — Page 187

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

4.2.87

SECRET

37

proposals be judged on their merits.

Furthermore, I

consider it essential that any growth should be related to

clear and established policy objectives rather than being

brought about by a general slackening of control. We

constantly improve our procedures in this area.

73.

Turning to the total expenditure on General

Revenue Account, I have provided for a figure of

$44.4 billion (23). With the need for control firmly in

mind, I set guidelines for departments last autumn

following a critical examination of their existing

activities. I also took into account the need for new

facilities and for a response to natural growth. In some

cases, often as a result of value for money studies, less

money was needed to achieve objectives.

(23)

Recurrent expenditure Capital expenditure

Additional commitments Transfers to funds

Draft Estimates

1987-88

($mn)

34,338

1,871

36,209

1,600 6,600

SECRET

44,409

3

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