TNAG-1725-FCO40-2438-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 41

P

63.

p

p

Overall, as a a result of these estimates, Consolidated Account expenditure as a proportion of GDP is estimated

per cent

St

increase from 15 in 1987-88 to around 150 15.5 per cent.

Draft Estimates of revenue

64.

三

to

Turning now to the draft Estimates of revenue, total revenue on General Revenue Account before my budget proposals is

estimated to be $55.6 billion (26). Revenue accruing to our

various funds is estimated to be $7.3 billion (26). Growth in

total revenue, taking General Revenue Account and the funds cent together, is about 110.

itul

(26)

>

بيا

lc

General Revenue Account

Capital Works Reserve Fund

Development Loan Fund

Home Ownership Fund

DRAFT ESTIMATES

1988-89 $M

millia

REVISED ESTIMATES 1987-88 $M)

million

55,550

50,564

4,480

786

1,981

3,380 767 1,951

Mass Transit Fund

Student Loan Fund

83

76

be.

Total -Funds*

7,330

6,174

TOTAL GENERAL REVENUE

62,880

56,738

ACCOUNT + FUNDS

*

Excluding transfers from General Revenue Account.

31

/65. Although

...