CONFIDENTIAL
disclose such information
since
prospective
overall
lenders would want to know the
financial position of Hong Kong before
committing substantial amounts of funds to
finance the various infrastructural projects to
be undertaken in the territory in the next few
years.
Q.2
Why didn't the Government publish the figures for the years prior to 1986?
A.2
0.3
A.3
We
see no need to go back too far into history. The publication of the figures for
the last five years should serve the purpose.
How much did it cost the Exchange Fund to
rescue the five banks in the 1980's?
disclosed once
The relevant figures will be
they have been finalized. But as can be seen
from the figures now published, the effect of
the
rescues on the Exchange Fund has not been significant.
P19
CONFIDENTIAL
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