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…