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Transcript of SFST's remarks
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Following is the transcript
of remarks made by the Secretary for Financial Services and the
Treasury, Mr Frederick Ma, after attending a radio programme today
(Oct 15):
Reporter: (about the consultation
time table if the Legislative Council passes the motion on GST)
Secretary for Financial Services and
the Treasury: We feel that the Goods and Services Tax is the best
way to broaden our tax base. This is a very important subject for
Hong Kong to discuss and we should allow a lot of time, in other
words, until the end of March next year, for the entire Hong Kong
to discuss this important issue.
Reporter: (about opposition expressed
in the past few months)
Secretary for Financial Services and
the Treasury: I think it is important that we have a constructive
debate over this. Some of the opposition may be emotional, some
of the opposition may not be based on facts, so we want to have
a very thorough discussion with the public on this subject. That
is why, for example, I will be going to the District Councils, actually
I have committed to go to all 18 District Councils if my schedule
permits, to explain why we are doing this.
Ends/Sunday, October 15, 2006
Issued at HKT 15:48
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