TNAG-1728-FCO40-2441-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 196

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on the allocation of public funds, that is Central Government public funds for major companies such as the Hong Kong Philharmonic Orchestra and the Hong Kong Ballet Company. The Council will have to be assured that such companies have sound long-term strategies with active and well-balanced boards and efficient management to ensure that funds allocated are well spent. Only by doing so

will the Council be able to responsibly advise Government on. the proper allocation of funds. The Council should also be able to suitably advise Government through the Municipal Services branch on the allocation

Z of funds to other performing companies and individual artistes. It is hoped that the role of the Council of the Performing Arts will become even more significant in the

coming years. still patiently awaiting the Government's working party on the way forward for visual arts. Finally, on sports, I associate myself fully with the views expressed today by Mr. F. K. Hut on the subject, and urge that

we As regards visual arts,

Government systematically follow up on the various points that he has made.

Sir, Sir, I support the motion.

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HIS EXCELLENCY,

ME. LIU Lit-for.

Mr. LUI

are

(In Cantonese):

Sir, I welcome the Budget for 1988/89 prop-

osed by the Financial Secretary. It is an informative document presenting evident improvement to the development strategy and an economic forecast based on a pragmatic

C