RESTRICTED
FM HONG KONG
TO PRIORITY FCO
TELNO 255
OF 29035OZ JANUARY 92
INFO PRIORITY PEKING
©
043677
MDLIAN 0387
RESTRICTED
MA3 azlı Мав
Role
Lenço
012/1
ке
TOP COPY Q DIST?
NEW LEGISLATIVE COUNCIL: FINANCE COMMITTEE
1. RECENT REPORTS BY THE LOCAL MEDIA MIGHT HAVE CONVEYED THE WRONG IMPRESSION THAT THE FINANCE COMMITTEE (FC) OF THE LEGISLATIVE COUNCIL IS REJECTING MORE AND MORE PROPOSALS FROM THE ADMINISTRATION FOR VOTING OF FUNDS AND THIS IS AFFECTING THE OPERATION OF THE GOVERNMENT. THIS IS FAR FROM THE TRUTH.
2. SINCE THE COMMENCEMENT OF THIS LEGISLATIVE SESSION IN OCTOBER 1991, A TOTAL OF 52 FC PAPERS, 15 ESTABLISHMENT SUB-COMMITTEE (ESC) PAPERS AND 43 PUBLIC WORKS SUB-COMMITTEE PAPERS HAVE SO FAR BEEN CONSIDERED. OF THESE, EIGHT FC PAPERS AND ONE ESC PAPER HAVE BEEN WITHDRAWN BY THE ADMINISTRATION IN RESPONSE TO MEMBERS' REQUESTS FOR ADDITIONAL INFORMATION OR CLARIFICATION OF CERTAIN DETAILS.
3. OF THE NINE PAPERS WITHDRAWN, SIX FC PAPERS WERE LATER RESUBMITTED AND APPROVED AT SUBSEQUENT FC MEETINGS. THERE ARE ONLY TWO FC AND ONE ESC PAPERS OUTSTANDING AND WE PLAN TO RESUBMIT THESE THREE PAPERS TO FC IN THE NEAR FUTURE.
4. THE TOTAL AMOUNT INVOLVED IN THE THREE OUTSTANDING PAPERS IS ONLY HKD8.7 MILLION. THIS REPRESENTS 0.02 PERCENT OF THE TOTAL AMOUNT OF HKD39,377 MILLION IN ALL THE 110 PAPERS PUT TO FC.
5. THE FIGURES ILLUSTRATE THAT WHILE THE VOTING OF FUNDS BY FC IN SOME CASES TAKES LONGER, AND MORE QUESTIONS ARE NOW ASKED BY MEMBERS, THE ADMINISTRATION HAS SO FAR SUCCEEDED IN SECURING FUNDING FROM FC FOR ITS ACTIVITIES. NOT A SINGLE FC ITEM HAS BEEN REJECTED.
WILSON
YYYY
PAGE 1 RESTRICTED
No comments yet.
Private notes are available after approval.