TNAG-2594-FCO40-3782-Appointment-of-Chris-Patten-as-new-Governor-of-Hong-Kong--Ap-1992 — Page 145

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

FROM BOC GROUP OVERSEAS DIVISION

05,20,1992 15:32

NO.16

I

(v1)

Strengthening Aid Effectiveness:

(i)

(iv)

(v)

(ii)

(iii)

6

the disadvantaged groups.

In consultation with IDA, initiated a study for setting up institutional arrangements and creating rooourco pools for providing self-employment opportunities to the unemployed. A project is now being processed on this for IDA support.

Strengthened the special credit programmes of nationalised commercial banks for promoting self-employment.

Strongly supported measures to promote role of NGOs in supplementing Government efforts in social sectors.

Strengthened the role of 'local consultative groupo' with donors on a sector basis, to review and monitor critical aid-supported projects and to discuss sector policies.

Introduced systematic quarterly review of all aid-financed projects within the Government in a forum chaired by the External Resource Division to identify and monitor problems in the way of aid disbursement.

Initiated the concept of 'core' programmes/projects in budgeting local currency resource support for public sector investment projects to accelerate disbursement of external assistance.

(iv)

Took major

initiatives

in

consultation with the UNDP, for making more effective

effective use of the Legkaisal gooiotanon

In

collaboration

with

the

organization, provided for flow of IPF resources consistent with Governmont priorities - highlighting sectoral approach and greater flexibility. Initiated dialogue for using UNDP TA

UNDP TA as the mainstay of major pre-investment studies and technology transfer, to accelerate flow of investment resources. To

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