Honourable Members of the Legislative Council,
(1) INTRODUCTION
and must
and the
At the start of this crucial decade, Hong Kong is,
determination
to
remain, a community facing its future with realism
succeed. After the problems of
1989, we have made steady and significant progress this year
economically, socially and politically. We have continued
to deal successfully with the challenge of preparing for the
sovereignty in 1997. But, once again, we have
transfer
had
to
of
face new strains.
eruption of а crisis in
This summer saw the sudden
the Middle East which has cast a
dark shadow over the world economy.
2.
I described the
Government's new
Last year,
for the 1990s and beyond. At a time of economic
initiatives
difficulty,
and uncertainty in the Middle East, Members will
not expect me today to unveil a further range of major new
Nor do I intend to do so. We are now in a
initiatives.
period when We
should take stock of the programmes already
launched, and also of the services we provide, and consider
best to provide them. We will need to take decisions on
how
/how
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