The 2002-03 Budget

Background Information for The Financial Secretary's Consultations with LegCo Members

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Introduction

The Financial Secretary will hold a series of meetings with Members of the Legislative Council in December 2001 to consult Members on the 2002-03 Budget.  Members are invited to send in their written submissions before or after those consultation sessions.

To facilitate discussions during the consultation sessions, we have prepared the attached charts for Members' reference.  These charts are based on forecasts made in March 2001, and our Updated Scenario for 2001-02.    

The 2001-02 Updated Scenario reflects the latest GDP forecast for 2001 and the likely revised outturn on three major revenue items, namely investment income on fiscal reserves, land premium and sale of MTRC shares.