TNAG-2293-FCO40-3305-Official-visits-from-Hong-Kong-to-China-1991 — Page 12

ANNEX 2

Outline and Costs of Capitalisation Option

Prepared by Whitehall Team visiting Hong Kong

to assess the options for the capitalisation

of HMOCS pensions

Innex 1 : Key saturum of acneme and areas of flexibility

Annex B: Estimated financing costs of

four approaches

Note : A possible approach involving a private sector

financial intermediary is under requires further discussion.

examination by HKG and

HMT, ODA, GAD

12 December 1991