Session No. 5 File name : cedb(cit)- doc

Provision is $259.2 million (49.5%) higher than last year. This is mainly due to the full-year salary provision for filling of vacant posts, hosting of the APEC SME Working Group Meeting and its related activities, as well as increase in cash flow requirements for SME funding schemes. Will the Administration please specify the allocation of the relevant provision among the above-mentioned areas?

The allocation of provisions for Programme (3) under the Estimates of Expenditure 2010-11 is as follows：

Signature
Name in block letters	Ms Maria S.N. KWAN
Post Title	Director-General of Trade and Industry
Date	15 March 2010

When the Trade and Industry Department (TID) reviews whether or not the Special Loan Guarantee Scheme (SpGS) would be extended, what are the factors to be taken into account? According to the Financial Secretary, the current outlook of the global economic recovery remains unclear, will TID review the funding scheme earlier or extend it?

SpGS is an exceptional measure which aims to assist Hong Kong enterprises in coping with the global financial crisis. It is a time-limited scheme. The application period has been extended twice till the end of June this year. We will closely monitor the pace of economic recovery in the coming months and decide when to let the credit market resume normal operation.

Signature
Name in block letters	Ms Maria S. N. KWAN
Post Title	Director-General of Trade and Industry
Date	16 March 2010

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doc -> Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc

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