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Following is the English portion of transcript of remarks made by the Secretary for Transport and Housing, Ms Eva Cheng, on the bus fare issues:
Reporter: (What factors the Government will consider in assessing the bus fare increase applications and when will the decision be announced?)
Secretary for Transport and Housing: We have procedures to consider the applications and we are following the procedures studiously. Of course, there are established factors for consideration that are set out in the policy in a very clear way. In considering the application, we shall consider changes in the revenue and cost and very importantly, the affordability of the community, as well as all the relevant factors listed in the mechanism.
(Please also refer to the Chinese portion of the transcript.)
Ends/Saturday, May 10, 2008
Issued at HKT 15:15
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