Final Report to the Financial Secretary by Task Force on Review of Public Finances

BACKGROUND

PAST BUDGETARY TRENDS

STRUCTURAL vs CYCLICAL

BUDGET MODEL

MODEL FINDINGS

CONCLUSIONS

ANNEXES

• Annex I
• Annex II
• Annex III
• Annex IV
• Annex V
• Annex VI
• Annex VII
• Annex VIII
• Annex IX
• Annex X
• Annex XI
• Annex XII
• Annex XIII
• Annex XIV
• Annex XV

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