22-28 Government Expenditure (General Revenue Account and Funds)  

(HK$ million)

Item

1990/91

1996/97

1997/98

1998/99

1999/2000

 

 

 

 

 

 

Operating Expenditure

 

 

 

 

 

Recurrent Expenditure

 

 

 

 

 

Personal Emoluments

23443

37404

40114

44092

46488

Personnel Related Expenses

2396

4129

4345

4708

5035

Pensions

2541

8724

9272

7395

8254

Departmental Expenses

4552

7062

8067

8935

10184

Other Charges

9712

21147

24139

28568

29590

Subventions

 

 

 

 

 

Education

8737

17179

18877

21082

22282

Health

2274

20930

24040

26562

27609

Social Welfare

1254

3207

4598

5419

6065

Universites and Polytechnics

3400

10723

11792

13189

13711

Vocational Training Council

706

1668

1806

1968

2116

Miscellaneous

1351

2564

2336

2359

2579

Other Non-recurrent

1103

1116

11180

13129

2008

Total Operating Expenditure

61469

135853

160566

177406

175921

Capital Expenditure

 

 

 

 

 

Plant, Equipment and Works

776

616

852

790

1372

Subventions

 

 

 

 

 

Education

157

416

409

322

385

Health

23

339

17

380

411

Vocational Training Council

13

14

21

46

19

Miscellaneous

190

1274

618

706

139

Debt Repayment

-

-

-

-

-

Funds

 

 

 

 

 

Capital Works Reserve Funds

15641

29168

28772

31267

29490

Capital Investment Fund

6214

9036

119

20545

8510

(Equity Investments)

 

 

 

 

 

Loan Fund

1074

5944

2948

7856

6580

Disaster Relief Fund

-

20

38

38

32

Innovation and Technology Fund

-

-

-

-

184

Total Capital Expenditure and Equity

24088

46827

33794

61950

47122

Investments

 

 

 

 

 

Total Government Expenditure and

85557

182680

194360

239356

223043

Equity Investments

 

 

 

 

 

 

 

 

 

 

 

Notes: The Capital Works Reserve Fund was established on 20 January 1982 by Resolution of the former Legislative Council for the purpose of financing the Public Works Programme, acquisition of land and payment for interest on bond.

           The Capital Investment Fund and the Loan Fund were established on 1 April 1990 by Resolution of the former Legislative Council.  These funds assumed the functions of the former Development Loan Fund, the Mass Transit Fund and the Student Loan Fund.

           The Disaster Relief Fund was established on 1 December of 1993 by Resolution of the former Legislative Council for purpose of   humanitarian aid in relief of disasters that occur outside Hong Kong.  

           The innovation and Technology Fund was established on 30 June 1999 by Resolution of the Legislative Council to finance projrcts to  help promote innovation and technology upgrading in manufacturing and service industries.