Borrison/hk-legicost huggingface dataset:
其實，在未來幾年，不論Donald TRUMP的美國政權是用"台灣牌"或"香港牌"對付中國時，香港特首也要有適當的高度和視野，看到香港的重要性，即對於香港作為國家一個突破點，作為中間游走角色的重要性。
As a matter of fact over the next few years regardless of the card whether a Taiwan Card or Hong Kong Card to be played by the American regime under Donald TRUMP against China the Chief Executive of Hong Kong should have the vision to recognize Hong Kongs importance at the right level as the countrys point of breakthrough and connection between the two powers
在這方面，特首不要單看內交或只是香港的問題，而是充分發揮香港在國際上、在中港或在中美矛盾上一個很好的橋樑和一個好的關係。
In this regard the Chief Executive should not only concentrate on homeland relationship or issues in Hong Kong but also effectively utilize Hong Kongs position as a bridge and a linkage in the international arena or in respect of Mainland - Hong Kong or China - United States relations
正如我多次提到，香港最好的角色，就像已故新加坡國父李光耀先生所引用的例子：香港應該是一隻很靈活的橡皮艇，游走於中國的航空母艦之間，有時帶領航空母艦，作為先頭部隊去探路、去偵察；適當時候亦要躲在航空母艦後面，在不太大浪的地方休息一會。
As I have pointed out time and again Hong Kong is best suited for the role mentioned by the late Mr LEE Kuan - yew the founding father of Singapore Hong Kong should be a flexible pneumatic boat sailing among Chinas aircraft - carriers sometimes leading the fleet as the vanguard for exploring and gathering intelligence while on other occasions taking a rest behind the aircraft - carriers where the torrents are less raging
我希望未來特首會更充分發揮這個角色，亦希望他明白到，有時香港最重要的角色，都是說財、說錢。
I hope the future Chief Executive can more effectively play this role to the full . Moreover he or she should also understand that in some instances Hong Kongs essential role is about wealth and money
正如李嘉誠兩天前說，有很多業務是在國外賺錢，香港派息。
As LI Ka - shing said two days ago many of his profits are generated by business overseas yet the dividends are paid in Hong Kong
事實上，如香港可以做到這個角色，便會更好。
In fact it is better if Hong Kong can fulfil such a role
主席，第三點我想說的是，希望特首會有膽識，有破格的膽識。
President the third point I would like to raise is that I hope the Chief Executive will have the audacity bold audacity
我舉一個例子，當然我不希望討論個別政策，現在不夠時間說。
I will quote an example but I of course do not intend to discuss individual policy and I do not have the time anyway
以強制性公積金計劃為例，很明顯這項政策不能幫助香港市民解決原先的政策目標，所以特首要有充分膽識做破格決定。
Taking the Mandatory Provident Fund MPF scheme as an example obviously this policy fails to achieve the original policy intent to help the people so the Chief Executive should have the courage to make bold decisions in this respect
當然，我聽過，包括財政司司長也認為強積金這項實行多年的政策，很難一下子便取消。
True I have learnt that it is rather impossible to immediately rescind MPF which have been implemented for years . The Financial Secretary shares this view too
Obamacare是美國總統奧巴馬8年來唯一，甚至是最重大的政績，但如果他們認為在政策上對美國不利，便要有膽識和量度，適時取消這項政策，甚至改弦易轍。
Obamacare is the only one or even the most significant achievement accomplished by United States President OBAMA after eight years in office . However if Donald TRUMP considers it harmful to the States he should have the audacity and the character to timely repeal the policy or even altering the whole course
這方面，我希望新任特首會有這種膽識，認真研究某些政策是否需要徹底改變，包括土地政策。
In this regard I hope the next Chief Executive will have such audacity to seriously study if he needs to overhaul any policy including land policy
但是，我們有否想過，我們真要讓市民看到，除了現任政府不斷嘗試或口說嘗試解決這個問題外，當局在行為上有否將我們收到的很多stamp duty用於解決這個問題？
However have we ever thought that we really need to demonstrate this to the public . Apart from constantly attempting or verbally attempting to resolve the problem has the incumbent Government taken any concrete actions like utilizing the substantial revenue from stamp duty on tackling the problem?
例如可否落實"港人港地"？
For example can they implement the Hong Kong property for Hong Kong residents policy?
甚至我也提議過，有關軍事用地的問題？
I have even brought out the question of military sites
這正正是......郭偉强議員的議案內容是，社會難以聚焦民生及經濟議題，故期望下任行政長官帶領香港走出政治爭拗的困局。
This is exactly Mr KWOK Wai - keungs motion says that as society can hardly focus on livelihood and economic issues he hopes that the next Chief Executive can lead Hong Kong out of the predicament of political disputes
我們在1990年代開始已經提出綜合退休保障的方案，這點我們跟大家一樣，我們認為要制訂完善的退休保障計劃才能保障"打工仔女"的權益，才能令"打工仔女"度過有尊嚴的晚年生活。
We have been proposing a comprehensive retirement protection scheme since the 1990s . We hold the same view as other Members do . We also consider that a sound retirement protection scheme should be formulated to protect the rights and interests of employees so that they can spend their twilight years in a dignified manner
所以，這也是我們對下任行政長官的期望，便是一定要在香港推行完善的退休保障計劃。
For that reason this is also our expectation for the next Chief Executive . This means that he or she must implement a sound retirement protection scheme
在郭偉强議員的原議案中提及高地價政策令地產業獨大及物業炒賣成風，令租金過高，窒礙經濟多元化發展。
Mr KWOK Wai - keungs original motion says that the high land - price policy has given rise to the dominance of the real estate industry and rampant property speculation in turning leading to exorbitant rents and hindering diversified economic development
我相信這點除了某些商界的同事認為炒賣沒有所謂外，其他同事其實應會同意高地價政策令樓價高企，不僅令我們的居住問題難以得到解決，連微小的小本經營者想發展其生意也面對很多困難，使我們的經濟未能多元化發展。
I believe that except some Members from the business sector who consider speculation is okay all other Members should agree that the high land - price policy has given rise to high property prices . This has made it difficult to solve the housing problem and has even posed difficulties to micro enterprises wanting businesses expansion . As a result this has hindered the diversified economic development of Hong Kong
其實工聯會就房屋方面已經有很清楚的主張，便是希望以公共房屋為主，居者有其屋計劃為副，私人樓宇作補充。
Actually FTU has ready put forward a clear proposition on the housing issue . We hope that public housing can form the backbone supplemented first by the Home Ownership Scheme HOS and then by private housing
我們建議將公營房屋的興建量增加至每年33,000個。
We suggest that the annual production of public housing should be increased to 33 000 units
此外，訂定未來建屋的公、私營比例定為7：3，即是70%是公營房屋，30%是私營房屋。
Furthermore the Government should set the ratio of public to private housing construction at 7col3 that is 70 % of the housing supply should be public housing units and 30 % should be private housing units
然而，如果能夠增加公營的建屋比例，可以盡快讓更多居民"上樓"的話，又怎會令人認為私人樓宇屆時的情況會更差、租金更貴，因為興建私人樓宇而致樓價將會被人炒高？
But if we can increase the proportion of public housing construction more people can then be allocated a public rental housing unit more quickly . Why should this ever make people think that the situation in the private housing sector will get worse rents will get higher and a speculative price surge in the private housing sector?
其實我們建議增加公營房屋，以期解決基層市民住屋的問題，甚至可以令全港樓價高漲問題得以紓緩。
Actually our proposal of increasing the production of public housing to address the housing need of the grass - roots people may also alleviate the issue of soaring property prices in Hong Kong
此外，我們認為現時"夾心階層"面對的問題，特別是他們現正輪候公屋，又未能真正"上樓"時，正如我剛才所說，他們很多人還居住在"劏房"裏，而"劏房"的租金價錢簡直超高，脫離了香港社會的現實。
Furthermore we can appreciate the problems faced by the sandwich class in particular those who are still waiting for public housing units . As I have said just now may people are living in sub - divided units but the rents of sub - divided units are unrealistically extremely high
所以，工聯會提出三管齊下的方案，包括推行租務管制，以規限私樓的加租幅度，特別是針對現時在應課差餉租值6萬元以下的私人單位，尤其是舊樓的加租幅度因為那些樓宇大多數是用作"劏房"。
For that reason FTU proposes that we should take a three - pronged approach including the reinstatement of rent control with a view to limiting the rate of rent increases of private housing units especially targeting private units with a rateable value not exceeding 60,000 . In particular we should focus on the rate of rent increase of old buildings―mainly because such buildings are generally used for the creation of sub - divided units
另一方面，對一些已經合資格"上樓"的市民，政府應提供租金津貼，並須開徵物業空置稅。
Besides the Government should provide rent subsidy to members of the public who are already eligible for public housing . The Government should also introduce vacant property tax
我們希望三管齊下的方案可以解決現時基層市民的住屋問題。
We hope the three - pronged approach can help to address the present housing problem faced by the grass - roots people . Thank You President . their wish lists concerning the next Chief Executive
梁國雄議員，立即離開會議廳。
Mr LEUNG Kwok - hung leave the Chamber immediately
主席、各位議員、所有香港市民，早晨。
President Honourable Members and fellow citizens Good morning
我謹動議二讀《2017年撥款條例草案》。我在今年1月16日接任財政司司長一職，擺在我面前的首要工作，就是編製下一年度的財政預算案。在我構思這份預算案的時候，我不停的問自己：香港目前最需要的是甚麼？
I move that the Appropriation Bill 2017 be read a Second time
主席，請容許我重複，我們不能因為某一財政年度的非經常性收入較高而輕言大幅增加經常性支出。
President allow me to repeat . Windfall revenue of a capital nature is no justification for substantial increases in recurrent expenditure
情況就好比"打工仔"某年收到一筆大額的年終花紅時，會開心地增加一點消費，但不會因此而草率地作出長遠不能應付的財政承擔。
It is much the same as an employee who may happily spend a bit more upon receiving a large sum of year - end bonus in a certain year but would not recklessly make any unaffordable long - term financial commitment
因此，我認為處理年度盈餘的時候，應考慮其來源和性質，結合當年的經濟情況和外圍環境，以及社會未來的需要和市民的期望，作出平衡的分配。
So in my view in considering how our annual surplus is to be deployed we should take into account the source and nature of the surplus alongside the prevailing economic situation and external environment the future needs of society and the expectations of the community so as to ensure optimal allocation of resources
財政儲備 我也聽到不少意見，指政府坐擁9,000多億元的財政儲備實在太多，政府不應吝嗇，應大幅減稅或加大力度紓解民困。
It has also been suggested that the fiscal reserves of over 900 billion is just too much and instead of being miserly the Government should consider major tax cuts and step up its efforts to relieve peoples hardship
我認同以政府現時的財政實力，可以更積極有為，但不能輕率，資源必須用得其法、用得其所。
While I share the view that the Government with its existing fiscal strength can afford to be more proactive we should avoid reckless commitments
《基本法》第一百零七條規定："香港特別行政區的財政預算以量入為出為原則，力求收支平衡，避免赤字，並與本地生產總值的增長率相適應"。
Public spending must be fit for purpose . Article 107 of the Basic Law stipulates that The Hong Kong Special Administrative Region shall follow the principle of keeping expenditure within the limits of revenues in drawing up its budget and strive to achieve a fiscal balance avoid deficits and keep the budget commensurate with the growth rate of its gross domestic product
我同意這條文的落實應不是每年收支的緊箍咒，而是存在一些彈性。
I agree that the implementation of this Article should not be a straitjacket which restrains our annual revenue and expenditure . Instead there should be a certain degree of flexibility
事實上，香港作為細小的外向型經濟體，易受外圍環境和經濟周期波動影響，短期的收支不平衡也許不能完全避免。
In fact Hong Kong as a small externally - oriented economy is highly susceptible to the influence of the external environment and cyclical fluctuations and short - term fiscal imbalance is probably inevitable
一些工作則是投資未來，潛在回報在未來數年才可體現。
Some other expenditure items are investments and the potential return may only be realized in future
我認為最重要是應使則使並審慎行事，務求在一段時間內保持大體上財政平衡。
I consider that it is most important to spend only when necessary and to act with prudence and strive for an overall fiscal balance over time
事實上，政府總開支由本屆上任時2012-2013年度的3,800億元，按年遞增至2017-2018年度逾4,900億元，平均每年增加5.4%，經常開支平均每年更增加7.2%。
The total expenditure of the Government has increased year after year from 380 billion in 2012 - 2013 to over 490 billion in 2017 - 2018 . Total and recurrent expenditure of the current - term Government would have respectively grown on average by 5.4 % and as much as 7.2 % per annum between 2012 - 2013 and 2017 - 2018
相比同期5%的名義經濟增長和3.4%的政府收入增長，本屆政府的開支承擔相當進取。
Compared with the nominal GDP growth of 5 % and government revenue growth of 3.4 % for the same period expenditure growth of the current - term Government is considerable
但開支增長超越收入增長的情況，不可能長期持續，否則結構性財赤的危機會出現。
However the growth of government expenditure cannot keep outpacing economic growth for an undue period lest the risk of a structural deficit would emerge
在判斷財政儲備的水平是不是合適時，既要考慮政府現時恆常開支的水平，亦必須考慮政策措施，例如剛才提及的2元交通優惠和長者醫療券計劃，以至今年施政報告提出的長者生活津貼和強積金"對沖"補貼等，全面實施後的財政承擔，以及其對政府中、長期開支的影響。
In assessing whether the level of fiscal reserves is appropriate we ought to consider the Governments prevailing recurrent funding requirements and the medium - to long - term financial implications upon full implementation of policy initiatives such as the 2 Public Transport Fare Concession Scheme and the Elderly Health Care Voucher Scheme mentioned just now and the enhanced OALA and the provision of subsidy in respect of MPF offsetting arrangement as announced in this years Policy Address
此外，政府的中、長期承擔，還包括超過3,000億元進行中工程的承擔額，以及未來10年政府須支付約4,500億元的公務員退休金。
In addition our medium - and long - term commitments include a sum of over 300 billion for ongoing works projects and about 450 billion for civil service pension obligations in the next 10 years
政府的財政擔子不可輕視。
The Governments financial burden cannot be taken lightly
事實上，政府善用盈餘，投資未來的決心和承擔已體現在房屋和醫療方面。
To demonstrate the Governments determination in and commitment to making good use of surplus and investing in the future we have set aside substantial resources for housing and health care
我們在2014年設立房屋儲備金，支持龐大的公營房屋發展計劃，至今已達770億元。
The Housing Reserve which was established in 2014 to support large - scale public housing development programme now stands at 77 billion
去年，政府也預留了2,000億元推行10年醫院發展計劃，改善公共醫療設施，為市民提供適切的醫療服務。
Last year the Government also set aside 200 billion for the implementation of a ten - year hospital development plan to improve public health care facilities and services
稍後在分配本年度財政盈餘的時候，我亦會在安老和殘疾人士康復服務，以及體育發展方面，作出承擔。
I will make provisions for elderly services and rehabilitation services for persons with disabilities as well as sports development when determining the use of surplus for this financial year
過去10年，不少歐美國家先後面臨財困而引發危機，我們必須引以為戒。
The economic crises caused by the financial plight of many European countries and the United States in the past decade have pointed to pitfalls that Hong Kong should avoid
事實上，在1998年至2004年間，本港經歷了亞洲金融風暴和科網股泡沫爆破，經濟陷入困境，政府收入銳減，其跌幅遠較本地生產總值的跌幅大，出現5年財政赤字。
In fact from 1998 to 2004 when Hong Kongs economy was ensnared in difficulties during the Asian Financial Crisis and the IT bubble burst government revenue plunged far more sharply than that of GDP
面對嚴峻的經濟困境，當時政府財政儲備在這幾年間就消耗了四成，超過1,800億元，由相當於28個月的政府開支，降至13個月的政府開支。
We experienced five years of fiscal deficits which depleted 40 % or over 180 billion of our fiscal reserves leaving these at a level equivalent to only 13 months instead of 28 months of government spending
我認為公共財政政策的兩個重點......
I believe that the two objectives of our fiscal policy are
我認為公共財政政策的兩個重點是：確保財政穩健及對經濟波動具有抗禦能力。
I believe that the two objectives of our fiscal policy are maintaining healthy public finances and strengthening resilience to withstand economic fluctuations
我們不能只從"倒後鏡"回看過去的豐年，要居安思危。
We should not just keep looking back to the prosperous years in the past
在聯繫匯率制度下，我們調整貨幣政策的空間非常有限，因此必須依賴穩健而積極的財政政策。
Instead we should stay alert to the challenges ahead . Under the linked exchange rate system there is very limited room to adjust our monetary policy
我們須時刻保持實力，留有足夠資源持續增加公共投資、提升競爭力、滿足社會發展的需要、改善民生；並且在經濟面對逆境時，能夠迅速推出穩定經濟的反周期措施，減低經濟波動對市民生活造成的影響。
Therefore we have to rely on a sound and progressive fiscal policy to ensure that we can stay strong and have adequate resources to continuously increase public investment enhance our competitiveness cater for social development needs and improve peoples livelihood . This also enables us to promptly launch counter - cyclical measures to stabilize the economy in times of economic downturn so as to minimize the impact of economic fluctuations on peoples livelihood
國際金融中心的地位對香港和對國家都非常重要，而金融穩定的基石是信心。
Our position as an international financial centre is crucial to both Hong Kong and our country . The cornerstone of financial stability is confidence
要成功維持國際社會對香港的信心，政府穩健的理財，以及雄厚的財政實力至為重要。
A sound financial management philosophy and strong fiscal position of the Government are vital for maintaining international confidence in Hong Kong
一場金融風暴，歐美多個先進經濟體的過度透支無所遁形，國際評級下滑，對金融和經濟造成連鎖打擊，元氣大傷。
We may recall how a single financial crisis has exposed the excessive budget deficits in many advanced economies in Europe and the United States . A domino effect was triggered off bringing down the international ratings of all these economies and giving them a hard blow to their economies and financial systems
早前香港再次獲得國際貨幣基金組織肯定，讚揚我們擁有強而有力的政策框架，包括聯繫匯率 制度、健全的金融體系監管，以及充裕的緩衝空間，具備足夠條件應對外來經濟風險。
Hong Kong has recently been recognized by the International Monetary Fund again for our strong policy framework including the linked exchange rate system vigorous regulation and supervision of the financial system and ample buffers which enable us to cope with external economic risks
因此，我認為應使則使，善用儲備造福社會，同時必須嚴守財政紀律，確保開支的增長適度，並與整個社會的財政承擔能力相稱，保留足夠的財政儲備，以支持社會和經濟的發展，應對不時之需和人口急速老化的挑戰。
As such we should spend only when necessary and make good use of the reserves to benefit the society . At the same time we must maintain strict fiscal discipline and ensure that our expenditure growth will be broadly in line with affordability . We must also maintain adequate fiscal reserves to support socio - economic development deal with emergencies and cope with the challenges posed by a rapidly ageing population
為確保資源運用更具效益和保障政府的收入，各部門應繼續按"收回成本"和"用者自付"原則，適時審視其收費。
To ensure the effective use of our public resources and to preserve the revenue base government departments should continue to review their fees and charges in a timely manner and in accordance with the cost recovery and user pays principles
稅務政策 另一個經常有人討論的課題，就是我們的稅收政策。
Another topic that people frequently talk about is our tax policy
不時有意見認為，香港應減稅，提供稅務寬免以支持個別產業發展，以及擴闊稅基。
There have been calls for tax cuts providing tax concessions to support the development of certain industries and broadening the tax base
香港一直奉行簡單低稅制，按地域來源徵稅，並以直接稅為主。
Hong Kong has all along been maintaining a low simple and territorial - source - based tax regime which comprises mainly of direct taxes
香港崇尚自由貿易，除4類應課稅品外，並沒有對進出口貨物徵收關稅。
As an advocate of free trade Hong Kong does not impose duties on import or export goods except for four types of dutiable commodities
這是過往我們賴以成功的重要競爭優勢，但國際競爭環境正不斷變化。
These were the key competitive advantages underpinning our success in the past . However the global competitive environment is fast - changing
鄰近的國家、歐美、以至內地的自由貿易區均以稅務優惠為手段，爭取投資，促進特定產業的發展，有些還調整了自身的稅制結構。
Neighbouring countries European countries the United States and Free Trade Zones in the Mainland are using tax concession as a means to compete for investment and promote the development of targeted industries . Some countries have even adjusted their taxation structure
近期個別歐美國家表示考慮下調利得稅，以加強競爭力。
Recently individual European countries and the United States indicated that they would consider reducing profits tax in a bid to enhance competitiveness
此外，國際社會正推動打擊洗黑錢和應對企業侵蝕稅基及轉移利潤的措施，香港須作出配合。
Besides the international community is taking forward measures to counter money laundering tax base erosion and profit shifting . Hong Kong should complement these global efforts
我們如何確保競爭優勢不會被削弱呢？
How can we ensure that our competitive advantages would not be undermined?
隨着社會進步和經濟發展，政府在扶貧、助弱、安老、教育、醫療、房屋、基建和地區設施等各方面的開支不斷增加。
With social advancement and economic development the Government will continue to increase expenditure in social welfare education health care housing supply infrastructure and district facilities etc
但本港稅基狹窄，收入來源集中在少數產業，容易受經濟情況影響而大幅波動。
We should be mindful of our narrow tax base concentration of revenue from a few industries and volatility of Governments revenue in response to economic fluctuations
以2015-2016年度為例，賣地收入和利得稅收入分別佔政府收入14%和31%，利得稅中超過四成來自金融和地產行業。
Using 2015 - 2016 as an example revenue from land sales and profits tax accounted for 14 % and 31 % of government revenue respectively with the financial and real estate industries contributing over 40 % of the profits tax receipts
如果環球經濟及金融市場在未來出現波動，又或資產價格顯著調整，將會大幅影響政府的收入，繼而影響政府的財政承擔能力。
Volatility in the global economy and financial market in the future or significant adjustment in asset prices will affect government revenue and fiscal affordability
作為負責任的政府，我們要在不同的經濟環境下維持龐大的公共開支，不能輕言減稅而動搖政府收入的基礎；亦不應經常調整稅率，因為這會影響稅制的可預測性，損害投資者的信心。
As a responsible government we have to cope with the huge expenditure needs under different economic scenarios . We cannot propose a tax cut which erodes our revenue base . Neither can we adjust our tax rates frequently as this would affect the predictability of our tax regime and dent investor confidence
因此，我們要檢視香港稅制的國際競爭力，並正視稅基狹窄的問題。
We have to examine the international competitiveness of our tax regime and address the problem of a narrow tax base
我準備在財經事務及庫務局成立稅務政策組，從宏觀的角度整全地審視這些重要的課題，一方面檢視香港與國際稅務規定的接軌，積極研究如何通過包括提升科研開支的扣減等稅務措施，促進支柱、優勢和新興產業的發展，務求使香港在國際新形勢下持續維持競爭力，為香港創富；同時優化香港的稅制結構，研究擴闊稅基和增加收入，務求有足夠資源支持社會的持續發展。
I plan to set up a tax policy unit in the Financial Services and the Treasury Bureau to comprehensively examine these tax issues from a macro perspective . On the one hand we will seek to align our tax practices with international standards and actively study ways to foster the development of pillar industries industries over which we have advantages and emerging industries through tax measures including enhanced deductions for IT expenditure so as to ensure that Hong Kong remains competitive and can create wealth . On the other hand we will enhance our tax regime and explore broadening the tax base and increasing revenue so as to ensure that adequate resources are available to support the sustainable development of our society
2016-2017年度政府收入的修訂預算為5,595億元，較原來預算高12%，即613億元，主要反映賣地和印花稅收入的增加。
The 2016 - 2017 revised estimate on government revenue is 559.5 billion 12 % or 61.3 billion higher than the original estimate . This is due mainly to the increase in revenue from land sales and stamp duty
賣地收入較原來預算高508億元，即76%。
Revenue from land sales is 50.8 billion or 76 % higher than the original estimate demonstrating yet again that land revenue has always been highly volatile and vulnerable to market fluctuations
一直以來，土地收入的波動性很大，極受市況影響，2015-2016年度，我們曾因個別土地未能出售，令該年的賣地收入較預算少收近91億元。
It was only in 2015 - 2016 when revenue from land sales was nearly 9.1 billion lower than estimated as some sites were unable to be sold
至於印花稅，由於去年有一段時間物業市場交投十分熾熱，令全年印花稅收入比預期多80億元，即16%。
As a result of a period of hectic trading in the property market last year stamp duty revenue for the whole year would be 8 billion or 16 % higher than estimated
政府支出方面，修訂預算為4,667億元，較原來預算低4.1%，即202億元。
As for government expenditure I forecast a revised estimate of 466.7 billion 4.1 % or 20.2 billion lower than the original estimate
主要是由於原來預算為醫院管理局公私營協作基金撥款的100億元，已於2015-2016年度提早支付。
This is mainly because the 10 billion set aside for the Hospital Authority Public - Private Partnership Fund in the original estimate was advanced and allocated in 2015 - 2016
總括來說，我預計2016-2017年度盈餘為928億元。
For 2016 - 2017 I forecast a surplus of 92.8 billion
財政儲備在2017年3月31日預計為9,357億元。
Fiscal reserves are expected to reach 935.7 billion by 31 March 2017
針對當前的經濟情況，來年複雜多變的國際政經形勢，並考慮到政府的財政盈餘狀況，我會推出以下一系列措施，一方面讓市民分享 經濟發展的成果，同時亦能刺激內需、穩定經濟和支撐就業市場，另一方面，善用政府的資源投資未來。
Having regard to the current economic situation the complicated and uncertain global political and economic climate in the coming year as well as the Governments fiscal surplus I will introduce a series of measures that will on the one hand share the fruits of our economic development with members of the public stimulate domestic demand stabilize the economy and support the employment market and on the other hand invest for the future by optimizing the use of government resources
這些措施包括︰ 一 寬減2016-2017年度75%的薪俸稅和個人入息課稅，上限為2萬元，全港184萬名納稅人受惠。
These measures include a reducing salaries tax and tax under personal assessment for 2016 - 2017 by 75 % subject to a ceiling of 20,000
有關扣減會在2016-2017年度的最終應繳稅款反映。
The reduction will be reflected in the final tax payable for 2016 - 2017
政府收入將減少164億元； 二 寬減2016-2017年度75%的利得稅，上限為2萬元，全港132 000名納稅人受惠。
This proposal will benefit 1.84 million taxpayers and reduce government revenue by 16.4 billion; b reducing profits tax for 2016 - 2017 by 75 % subject to a ceiling of 20,000
政府收入將減少19億元； 三 寬免2017-2018年度4季的差餉，每戶每季上限為1,000元，涉及321萬個物業。
This proposal will benefit 132 000 taxpayers and reduce government revenue by 1.9 billion; c waiving rates for four quarters of 2017 - 2018 subject to a ceiling of 1,000 per quarter for each rateable property