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Government’s year-to-date surplus above budget

Coming in at $30 million over budget, government’s unaudited results for the first five months of 2022 show a $179.5 million operating surplus for the entire public sector, with total operating revenues of core government exceeding half a billion dollars by the end of April alone.

25 Jun, 2022

Financial Services Minister Leads Delegation to Future of Financial Services Forum

Minister of Financial Services and Commerce, the Hon. André Ebanks, is leading the Cayman Islands’ delegation to the inaugural Point Zero Forum in Switzerland, an invite-only, in-depth engagement forum which focuses on the digital economy and sustainable finance.

23 Jun, 2022

Government has plenty of funds to help with hardship

Opposition Leader Roy McTaggart and MP Joey Hew gave a press conference on Tuesday at which they spoke about the necessity for the PACT government to act immediately to help ease the economic burden developing for many people in the Cayman Islands

23 Jun, 2022

Opposition wants action on cost-of-living crisis

With prices going up across the board and even more price hikes on the horizon, the Opposition Leader Roy McTaggart has written to the Premier Wayne Panton and given a video address as to what the Opposition wants done to help ease the burden on the public

20 Jun, 2022

CIG Draws US$393M in Local Loan Funds, Invests in US Treasury Notes

The Cayman Islands Government will this month withdraw the remaining US$393 million of a US$403 million “Line of Credit” loan facility executed in December 2020 with a consortium of local banks and simultaneously invest the proceeds in 2-Year US Treasury Notes.

16 Jun, 2022

Minister Turner discusses the way forward for CIFS

The new Minister of Home Affairs Hon. Sabrina Turner recently met with the Cayman Islands Fire Service (CIFS) to discuss key priorities for 2022 and beyond.

16 Jun, 2022

Prisons Services Honours Nurses for COVID efforts

Her Majesty’s Cayman Islands Prison Service (HMCIPS) recently honoured its nurses in a staff appreciation ceremony last month.

16 Jun, 2022

Agriculture Ministry Rolls out National Livestock Identification and Tracking System

The Ministry of Agriculture has started to roll out a National Livestock Identification and Tracking System as part of its efforts to modernise the agricultural sector.

14 Jun, 2022

PACT’s new cost of living initiatives

Premier Wayne Panton announced in Parliament on Friday that his PACT government is bringing forward initiatives to assist Cayman Islands residents struggling to cope with the sharp increases in the cost of living

12 Jun, 2022

Amendment Intended to Attract Investment and Benefit Clients

By giving institutional investors more investment options, the Insurance (Amendment) Bill, 2022 is intended to strengthen the Cayman Islands’ position in international reinsurance and domestic insurance.

09 Jun, 2022
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