TNAG-1728-FCO40-2441-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1988 — Page 241

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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Mr. HO Saichu fin Cantonese)

(Continued): We do

ster

not want to see the day when our people have to pay an indirect tax on everything they do.

This is all

too different from the optimistic forecast of our future. Perhaps, I will have to say something that will be more pleasant to the ears of the Financial

Secretary.

Firstly, I support and I wish to emphasise the point that we support the US, dollar link and at the same time we feel that we should not make any changes to the

rate rashly.

Secondly, or lastly, I wish to congratulate the Financial

has Secretary. He's been extremely prudent and we have been able to accumulate a very good surplus, even though this is the result of the work of all sectors of our society. However, it is something that very few other countries can match and so let us continue to work and make Hong 20 Kong an ideal place to live in.

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22 Sir, with these remarks I support the motion.

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