Mr Burns
Barns
You asked us
to clear this
ryly
(which
you
Zittitio
have already
Men and amended) will story Kory! Hong Kong have confirmed that
they an content CHIC til no
рата з
Would
1136), apart from the second
prior to omit (Hntil no 1612)
he second sentina
Whill think he senkou shaved be
сни
1 June 1990
Hey
retained about
since
it is
pensioners
who
cocial retired in
to
Dur
he
he
word
'most' in
ni
ап
а наслед
Mr Pusinelli intething
Chairman
OSPA
63 Church Road
Hove
Sussex
BN3 2BD
relevant niegrams
Further mild
Euller rent
了
argument. 19705
can
Wi
Hory Hon's concems
he
met
forth ling". Copies
R.
3.
March 16
т
, онани
nly wed,
but me When that
Thank you for your letters of 4 and 25 April to Robin McLaren about sterling safeguards for expatriate pensioners of the Hong Kong Government. I am replying since I have now succeeded him as the Assistant Under Secretary concerned.
daer mon
I sympathise with your position, but I hope that you in time will appreciate the difficulty which the Hong Kong Government face on this question. The Hong Kong Government also has icy of offering a sterling, safeguard to their government servants in general as the Chief Secretary point out in his letter of 15 February to Colvin Haye, It would be extremely divisive for them Theme fare, to contemplate a sterling equivalent for expatriate officers only. I am sure that you wit recognise the force of this.
Mequand
For our part, we see no present justification for contemplating any sterling link or safeguard.
The Hong Kong Dollarblink with the US Dollar has proved extremely resilient, and Most Hong Kong pensioners continue to do reasonably well, certainly in comparison with their UK public service counterparts and HMOCS staff in receipt of pensions from other territories, The US Dollar/Pound rate has certainly fluctuated, but I do not believe that these fluctuations have led to cases of hardship, he Hong Kong Government have stated that, in case hardship were to arise, they will propose to Exco that a small fund be established to provide one-off payments to any pensioners in distress. understand it at this has now ween approved by texto.
|| You will know it at the Habari ham proponed
RA Burns
NOBAEC
No comments yet.
Private notes are available after approval.