Cayman Islands Government finances continue to show a significant surplus at the end of 3rd quarter 2018
In the first nine months of 2018, Cayman Islands Government’s finances and that of the Entire Public Sector have registered a significant surplus. The unaudited Financial Report for 1 January to 30 September 2018 that Minister for Finance and Economic…
Cayman Islands maintains solid economic performance
With economic activity growing across all major sectors, the GDP rose by 4% in first quarter 2018. Healthy consumer demand and spending contributed to the highest second quarter growth of merchandise imports since 2005 – valued at $254 million and…
Cayman Islands Government finances show healthy surplus in half-year
In the first half of 2018, Cayman Islands Government’s finances for the Entire Public Sector has registered a surplus. Minister for Finance and Economic Development Hon. Roy McTaggart, on behalf of Cabinet, released Friday, 10 August 2018) the unaudited Financial…
Cayman Islands Government finances show healthy surplus in half-year 2018
Overall fiscal surplus for year up to 30 June 2018 is $201.1 million, 50% higher than budgeted. Bank balances in cash and deposits also $110.5 million greater than budgeted. Better revenues and lower expenses were among factors for surplus. Grand…
Cayman Islands Pre-election Economic Report released
Section 26 of the Public Management and Finance Law (2013 Revision) (the PMFL), as amended, provides for the Chief Officer of the Ministry responsible for Finance to Gazette a Pre-Election Economic and Financial Update (PREFU) not more than forty-two days,…
Cayman Islands reduces debt 7.2%
By Aleem Khan From Breaking News Trinidad and Tobago Like Trinidad & Tobago, the Cayman Islands is one of the strongest economies in the Caribbean. Unlike T&T, however, the new Cayman Islands “government has a proactive strategy to reduce the…
