However , all the governments we surveyed have continued to stress the importance of providing sufficient pay to attract , retain and motivate suitable staff . in doing so , they have often tried to maintain broad comparability with the private sector although any explicit link has usually been dropped . none of the countries we surveyed seek to lead the private sector : they either aim to broadly match the private sector eg singapore or explicitly recognise the need for what in the uk is termed as a public sector discount , reflecting certain additional benefits of civil service employment such as increased job security and non - contributory pension entitlement 上述各国也没有试图促使公务员的薪酬水平超越私人机构的薪酬水平：当中有些国家例如新加坡致力促使公务员薪酬在整体上紧贴私人机构的水平，也有其他国家仿效英国的做法，明确强调公营部门的薪酬水平相对于私人机构的薪酬水平而言，应存在一定程度的折让，以反映公务员在工作上所享有的某些额外福利，例如工作较为安稳享有无需供款的退休金等等。
We have not heard these arguments yet , although the hot talk about a possible appreciation in the renminbi exchange rate has been affecting sentiment towards the hong kong dollar exchange rate for some time now . as a result , there has in the past 18 months been a significant discount on hong kong dollar interest rates from those for the us dollar . the consequent easy monetary conditions have thankfully helped the economic recovery that started in the third quarter of 2003 and has been sustained since 虽然我们暂时仍未听到这些说法，但有关人民币汇率可能升值的传闻不绝于耳，因而影响了市场对港元的看法：过去18个月，港元利率较美元同期利率一直出现颇大幅度的折让，由此形成的宽松货币环境，实有助整体经济维持自2003年第3季以来的复苏动力。
