TNAG-1725-FCO40-2438-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 40

Cap steap

60.

I referred earlier to the proposal to increase our expenditure significantly in support of our manufacturing industry. We are already committed to spending over $1 billion a year on services for industry. Our plans for increased expenditure in 1988-89 include a grant to the Hong Kong Productivity Council for

for the first year of a new three-year for upgrading and expanding its productivity enhancement services, a grant to assist towards the creation of a plastics technology centre based on the Hong Kong Polytechnic and additional appropriations to enable the Industry Department to improve its promotional activities.

programme

61.

proposals for 1988-89 can

Although I am satisfied that my overall expenditure be contained within my budgetary

I have said

the civil a growth in some

per cent about 48. about 48.

of the total staff growth

strategy this means,

as

service establishment of

ervice

cent some 26 will accrue per 268 accrue to percent.

the Medical and Health Department and

per fent 15 to the Police. It is likely that we shall witness a similar

lc

overall growth rate in

ratet

in 1989-90, but I

shall look for

a

move

2.5 per cent

towards our 2 guideline thereafter.

62.

I have

provided

for

transfers

amounting

to

$7.4 billion from General Revenue Account to our various funds

in

1988-89

to

the support

activities they

finance.

The

transfers are broadly sufficient to ensure that the balances in the funds are maintained in real terms. account a switch of certain items to the

in

previously

Fund

1988-89

Revenue Account.

which

were

I

have also taken into

Capital Works Reserve

funded from General

30

/63. Overall

...

$