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ExCo Convenor speaks on Budget
The following is issued on behalf of the Executive Council Secretariat:

     Following is the transcript of remarks by the Convenor of the Non-official Members of the Executive Council (ExCo), Mr Lam Woon-kwong, at a media session on the 2017-18 Budget in the Legislative Council Complex this afternoon (February 22):

Reporter: How would you describe the Budget?

Convenor of ExCo Non-official Members: I think it's a Budget that we can't really refuse. It's a very fair, balanced and well-thought-out Budget. On the one hand, we have to balance the risk that we are facing on the global economic front, and on the other hand we do have a huge amount of reserve this year on which the Financial Secretary has fairly distributed the surplus, investing not only for short-term relief but also in the medium and longer-term worthwhile projects. So I hope the public will give it very careful thought and give it their due support.

(Please also refer to the Chinese portion of the transcript.)
Ends/Wednesday, February 22, 2017
Issued at HKT 16:34
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