Welcome to the Homepage of The Treasury
Branch under the Financial Services and the Treasury
Bureau of the
Government of the Hong Kong Special Administrative
Region.
The Treasury Branch is responsible for:
Overall resource planning
including drawing up and applying overall public
expenditure guidelines based on the medium range
forecast (MRF).
Managing and coordinating
the annual resource allocation exercise (RAE) and
compiling the annual Estimates.
Advising and supporting
the Star Chamber in the regular
baseline reviews and the annual RAE.
Managing the Government's
revenue policy and administration, both to ensure
that sufficient revenue is raised, and to keep the
tax system as simple, stable and productive as possible.
Laying down and implementing
policies and procedures to ensure effective control
and management of public revenues and expenditure,
including assets and investments.
Exercising
those specific authorities which it would not
be prudent to further
delegate to bureaux and departments.
Encouraging and promoting
value for money in public investments and expenditure.
Providing the formal interface
between the Administration and the legislature on
all financial matters.
Assisting policy bureaux
in formulating policy and, specifically, ensuring
that the financial implications of policy proposals
are taken fully into account.