Name: Marco Archer
District: George Town Central
CANDIDATE IN THE NEWS
While the Cayman Islands’ overall unemployment rate stayed about the same, the number of unemployed Caymanians grew by 197 people between October 2015 and October 2016, according to a Labor Force Survey government released Wednesday. The Caymanian unemployment rate went from 6.2 percent in October 2015 to 7.1 percent in October 2016.
A record 63 candidates will contest the Cayman Islands general election on May 24 after a frantic day of nominations across the country generated some surprises.
The Cayman Islands government this year will pay off up to $10 million in debt early, according to Finance Minister Marco Archer.
The opposition Democratic Party will field at least 10 party candidates, in addition to supporting some independents for the upcoming election. One of those CDP candidates is Denniston Tibbetts, the older brother of Progressives party founder and former leader, Kurt Tibbetts.
Warning that government overreach can “cause more harm than good” in certain instances, Cayman Islands Finance Minister Marco Archer warned opposition MLAs against the rush to implement fuel price controls in the local petroleum market.
The Cayman Islands government took 114 people out of the healthcare coverage plan for retired veterans and seamen during the last budget year. Finance Minister Marco Archer told the Legislative Assembly on Monday that 22 of those beneficiaries had died.