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SPEECH BY THE HONOURABLE THE FINANCIAL SECRETARY IN
LEGISLATIVE COUNCIL ON WEDNESDAY 9 MARCH 1988
FINANCIAL SECRETARY:
Sir,
In accordance
with section 8 (8) (b)
of the
Public Finance Ordinance,
I now table for Members'
information a summary of all changes made to the approved
estimates of expenditure for the second
second quarter of the
financial year 1987-88.
پور
approved.
Supplementary provision of
of $149.1 million was
It was fully offset either by
either by savings
savings under
the same head of expenditure or by the deletion of funds
under the additional commitments subheads.
ہو
Approved
non-recurrent
commitments
were
increased by $199.6 million during the period, and new
non-recurrent commitments of $121.2 million were also
approved.
ก
A.
In the same period, a net increase of 1 412
posts were approved.
Items in the summary have been approved either
by Finance Committee or under delegated authority. The
latter have been reported to the Finance Committee in
accordance with section 8(8)(a) of the Public Finance
Ordinance.
Page 195Page 196
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