Appendix B-Contd.
6 The percentage changes in real terms for each service group comparing 1983-84 and 1987-88 is illustrated in the following diagram:
General
Services +11%
Security Services
+8%
Percentage Changes (in real terms) in Spending for Service Groups Comparing 1983-84 and 1987-88
Economic Services
+30%
Social Services +16%
Diagram 2
Community Services -8%
Note: The width of each bar on the horizontal axis is proportional to the 1987-88 Revised Estimate
7 Consolidated Account expenditure over this period increased by 8.5% in real terms equivalent to an average annual growth rate of about 2.1%. This overall growth rate reflects a period of relative constraint in public expenditure at a time of adverse budgetary circumstances. Nevertheless there were significant growth areas in the period as indicated below:
Average
Education
Medical Services
Social Welfare
Total Real Growth 1983-84 to 1987-88
Annual Growth Rate
%
%
30
7.0
33
7.4
23
5.3
8 Transport spending has reduced by 30% in real terms over the period reflecting the completion of a number of major projects including Kowloon-Canton Railway electrification.
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