4.
ECONOMY
In his budget of 3 March, Hong Kong's Financial Secretary
confirmed that Hong Kong's economy continues to perform
strongly. GDP grew by 5% in 1992, and is forecast to grow
by about the same in 1993. Trade with China continues to
boom. Investment will be sustained by Government infrastructure projects.
The Hang Seng Index has been reaching an all time high.
The Hong Kong Government is maintaining its efforts to
combat an inflation rate of around 10%.
Budget should not move into deficit in last years of British
rule.
Hong Kong Governments finances very healthy. Can easily
afford the planned expenditure.
10
supp.pa.rod
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