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Budget Speech

Containing Expenditure

148.    In light of the Working Group's recommendations, I asked all policy bureaux in the middle of last year to achieve more efficient use of resources through re-engineering and re-prioritising.  I have also launched the "0‑1‑1" envelope savings programme to reduce operating expenditure by a total of two per cent over the next three financial years.  Resources saved will be re-allocated for new services.



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