7
the means to achieve any of our goals. At the same time, we
responsibility
also have а
members of the
inflation.
to
protect the disadvantaged
community from the most damaging effects of
Social Security benefit levels are reviewed
regularly and are adjusted
to
compensate for changes in
consumer prices. It is worth noting that, so far this year,
these benefits have been increased by 10.5%.
encouraging the
While
successful, we will continue to protect the
weak.
C. THE ROLE OF GOVERNMENT IN THE ECONOMY
12.
Our economic philosophy is one which is clear and
has served Hong Kong well. We believe in the efficiency and
effectiveness of free markets. These allow our businessmen
to
be flexible and dynamic. The Government's main role in
the economy is to facilitate efficiency and growth. As far
as possible, both the businessman and the investor must be
left free to perform their roles. They must not be hampered
by excessive official restrictions.
deterred by excessive taxation. We need to be sure that the
spirit of enterprise flourishes to allow individuals the
freedom and opportunity to succeed by their own efforts. of
They must not be
/course,
No comments yet.
Private notes are available after approval.