Name: Roy McTaggart
District: George Town East
CANDIDATE IN THE NEWS
The government will extend its reduced 15 percent import duty on building materials imported to Grand Cayman through Dec. 31, 2019.
The Cayman Islands government has taken in more money than budgeted in the first nine months of 2018. The unaudited financial results for the public sector for the first three quarters show an overall surplus of $183.3 million, almost double the $92.6 million surplus budgeted for this point of the year.
Minister of Finance Roy McTaggart said the latest government credit rating of the Cayman Islands reflected “confidence in our country’s economic, fiscal and institutional strengths,” when he presented the assessment by rating agency Moody’s in the Legislative Assembly last week.
Total employment in Cayman grew last year, but the number of women with jobs declined by some 800 people, leading to the female unemployment rate rising from 3.5 percent in 2016 to 5.5 percent in 2017.
A charge of careless driving against Finance Minister Roy McTaggart was dismissed in Traffic Court on Thursday after the Crown offered no evidence.
The trial of Finance Minister Roy Michael McTaggart on a charge of careless driving did not proceed as scheduled last Thursday. A new trial date of June 14 was set, with a file note that it might not proceed.