CONFIDENTIAL
024167
MDLIAN 7154
QUOTE IN
9.
PARA 61: PLEASE REPLACE THE SECOND SENTENCE WITH: 1990, A TOTAL OF 27,826 ILLEGAL IMMIGRANTS WERE APPREHENDED, COMPARED WITH 15,841 IN 1989. UNQUOTE
10. PARA 64:
PLEASE REPLACE THE LAST SENTENCE WITH QUOTE SMALLER RISES FOR SENIOR POLICE PERSONNEL WERE LIKEWISE ANNOUNCED IN DECEMBER. UNQUOTE
11.
THE FIGURES FOR GDP GROWTH AND INFLATION GIVEN IN PARAS 4 AND 5 ARE PART OF THE FINANCIAL DATA USED IN PREPARING THE BUDGET AND ARE CURRENTLY CONFIDENTIAL. THEY WILL BE MADE PUBLIC AFTER THE BUDGET SPEECH ON 6 MARCH.
12. OTHER FINANCIAL DATA USED IN BUDGET PREPARATION WHICH YOU MAY WISH TO INCLUDE IN THE REPORT ARE AS FOLLOWS. HONG KONG GOVERNMENT EXPENDITURE IN 1990/91 IS ESTIMATED AT DOLLARS 89.7 BILLION (
> WHICH IS BELOW THE BUDGET ESTIMATES. REVENUE IN 1990/91 IS ALSO EXPECTED TO BE LOWER THAN FORECAST, AT DOLLARS 89.9 BILLION (
), PRINCIPALLY AS A RESULT OF LOWER THAN EXPECTED YIELD FROM DIRECT TAXATION AND LAND SALES ALTHOUGH THIS IS EXPECTED TO BE OFFSET IN PART BY HIGHER REVENUE FROM INDIRECT TAXATION. NO SIGNIFICANT DEFICIT OR SURPLUS IS THEREFORE EXPECTED.
WILSON
YYYY
ΜΑΙΝ
58
.HONG KONG AGREEMENT
.(RESTRICTED)
LIMITED
HKD
HD/FED
NEWS D
ADDITIONAL
2
MS BARRETT LEGAL ADVISERS
NINN
DISTRIBUTION
60
PUSD
RAD
PS/LORD CAITHNESS
PS/MR LENNOX-BOYD
MR MCLAREN
MR BURNS
MR FIFOOT LEGAL ADVISERS
PAGE
CONFIDENTIAL
2
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