Last edited by Visar
Thursday, February 13, 2020 | History

2 edition of 1998-99 budget found in the catalog.

1998-99 budget

Donald Tsang

1998-99 budget

riding out the storm : renewing Hong Kong strengths : speech by the Financial Secretary The Hon Donald Tsang, moving the second reading of the Appropriation Bill 1998, 18 February 1998.

by Donald Tsang

  • 102 Want to read
  • 11 Currently reading

Published by Government Information Services in [Hong Kong .
Written in English


ID Numbers
Open LibraryOL18576203M

They have 1998-99 budget book of the highest capital adequacy ratios in the world. The Hong Kong Monetary Authority has done well in banking supervision. Details of the proposals are contained in the Supplement to the printed version of this speech. The Secretary for Education and Manpower has already taken the initiative to co-ordinate all the agencies involved in giving services to those who lose employment, to ensure that quick and efficient help is given, especially in retraining and finding new jobs. Our Profits Tax will now be lower; the system will remain simple and predictable; it will be more competitive for all.

It is interesting to note that around 80 per cent of all appropriations are special appropriations, although around 60 per cent of these relate to social security payments, general revenue grants to the States and local Government and 1998-99 budget book and other monies received by the CRF before being paid into the Loan Fund or the various trust accounts. It is emphasised that this is a trend assumption related to the GDP deflator. Higher local interest rates since then have triggered corrections in the stock and property markets and exerted pressure on businesses and home buyers. I have decided that, in view of our healthy financial position and in line with our policy of not raising more revenue than necessary, I will reduce the overall Rates percentage charge from 5 per cent to 4.

Although our tourism industry has been making intensive efforts to regain business for Hong Kong, it may take some time to recover from the recent blows. ANSWER: These appropriations are classified in the same manner as appropriations for employee benefits for active employees. A growing population, deeply attached to the ideal of having one's own home in which to bring up a family, creates strong demand. In order to comply with s.


Share this book
You might also like
Halifax and Calder Valley

Halifax and Calder Valley

statistical study of certain aspects of the time factor in intelligence

statistical study of certain aspects of the time factor in intelligence

Group decision making with feedback

Group decision making with feedback

The International standard Bible encyclopaedia

The International standard Bible encyclopaedia

The art of woodgraining

The art of woodgraining

NASA Breakthrough Propulsion Physics Program

NASA Breakthrough Propulsion Physics Program

Cases in consumer law

Cases in consumer law

Animal Nutrition Technology Exchange

Animal Nutrition Technology Exchange

Examine the meaning and significance of post World War II youth cultures in the United Kingdom

Examine the meaning and significance of post World War II youth cultures in the United Kingdom

Concerto in D Major for Violin and Piano Op. 22

Concerto in D Major for Violin and Piano Op. 22

Ma nava dharma Sa stra or the institutes of Manu

Ma nava dharma Sa stra or the institutes of Manu

Science and the Bible

Science and the Bible

The historical and miscellaneous literature of Quebec, 1764 to 1830

The historical and miscellaneous literature of Quebec, 1764 to 1830

Belief systems and management of the emotional aspects of malignancy

Belief systems and management of the emotional aspects of malignancy

Planning a family garden

Planning a family garden

Powers of two

Powers of two

Willard W. Alt.

Willard W. Alt.

1998-99 budget by Donald Tsang Download PDF Ebook

Our flexible economic system and increasingly well educated, well trained management and workforce can maintain competitiveness through tighter cost controls, productivity improvement and expansion into new markets.

In either case, this balancing must be authorised 1998-99 budget book a Loan Act. Given the scale of revenue concessions I propose on other taxes, and the uncertain economic outlook, I cannot find assurance that a permanent concession on Rates is affordable.

We have also seen slightly better receipts from Salaries and Profits 1998-99 budget book. This will address 1998-99 budget book measures are needed to improve the resilience of the system to internal and external shocks. It has reinforced our conviction that we must maintain sound macroeconomic fundamentals in terms of a consistent monetary policy, prudent fiscal discipline and a non-interventionist economic philosophy.

It is important to stress 1998-99 budget book I have proposed these guidelines in the light of present conditions, fresh from the experience of an historic regional financial crisis.

These are just examples of a quiet revolution now taking place. Everyone in between will pay less. Some are economic in nature the general economic assumptions while others deal with specific areas of Government's activity the detailed assumptions.

We have the Loan Fund, which extends financial assistance to worthwhile projects or individuals in need. However, over a period the aim is to contain capital expenditure growth within overall expenditure guidelines, i.

Note that borrowings by the Commonwealth are regarded as 'monies received by the Commonwealth' and, as such, are initially paid into the CRF before being appropriated into the Loan Fund.

Employees making contributions to recognized occupational retirement schemes exempted under the Mandatory Provident Fund Schemes Ordinance will also obtain the deduction. The reduction in Estate Duty will help to strengthen our position as a low tax regime.

Equally, the earlier exuberance in the property market did not add too much pressure to property rentals. The former Legislative Council did not accept my proposal in the last Budget to adjust light diesel oil duty for inflation. It will put our airport tax down to a level which is amongst the lowest in the region.

First, to replace the current Stamp Duty remission for transactions in regional derivative options and convertible bonds or notes with a specific exemption, so as to simplify the process for granting the concession; and Second, to extend this exemption to cover transactions in regional derivative warrants which have no more than 40 per cent weighting by value in Hong Kong stock.

Our loans to the Housing Society to help Sandwich Class Housing Schemes have already helped about 15, families to acquire their own homes and should benefit another 40, families up to Over the last four months our markets have again been tested severely.lucie county fiscal yearbudget budget summary table of contents page # budget summary, '.

a-i board of county commissioners of st. lucie county. fiscal year ·99, special debt internal expendable; budget by oepartment fiscal year total operatrng budget $, sheriff $29, tax collector.

Budget Review 1998

This Vegetable Crop Budget 1998-99 budget book is comprised of tables estimating the operating and ownership costs of producing vegetable crops in Western Arizona.

The costs are computed for a representative farm using representative cropping operations and are not a statistical sample of farms in the area. These estimated costs are based. About the Author 1998-99 budget book L. (Bob) Bland is professor of public administration at the University of North Texas, where he has been on the faculty since and teaches graduate courses in .Foreword to the Operating Budget The Operating Budget Pdf (Green Book) has been produced annually for the past nineteen years by the staffs of the University Operating Budget Office and Publishing Services.

Previous editions of this publication are on file in the Reference Section of the Mabel Zoe Wilson Library.FY & FY Budget and Appropriation Ordinance as of July 9, as proposed by the Board of Supervisors Budget and Finance Committee 7/13/ FY & FY Salary Ordinance as of July 9, as proposed by the Board of .We received the new Adopted Budget Book on 21 October ebook immediately began the process of mastering the book.

Reference material including the County of Ventura Comprehensive Annual Report dated 30 June and the latest Budget .