THE proposed Post Office Trading Fund will be reviewed after its first few months of operation.
Secretary for Economic Affairs Gordon Siu Kwing-chue plans to make the pledge when the proposal allowing the Post Office to manage its own finances is tabled in the Legislative Council next week.
If the proposal is approved, the present postal service will become known as the Post Office Trading Fund.
A target rate of return of 12 per cent has been set for the new-style post office, to be achieved through expanded services, cost cutting and productivity increases.
Deputy Secretary for Economic Affairs Elizabeth Bosher said the Government would review a number of aspects of the new operation, including the target rate of return, the capital cost-based formula used in calculating returns, and the role of the Legislative Council in monitoring the office.
On top of this, Mr Siu will pledge that increases in postal charges will be broadly in line with inflation.