Name: Roy McTaggart
District: George Town East
CANDIDATE IN THE NEWS
The government has approved more than $1.6 million in additional funding for its Housing Repairs Assistance Programme.
The Cayman Islands Chamber of Commerce in partnership with the Ministry of Finance & Economic Development will host the 2019 Chamber of Commerce Economic Forum at the Kimpton Seafire Resort + Spa on Friday, 31 May.
The public sector’s $216.8 million budget surplus in the first quarter of 2019 was $44.4 million higher than estimated, the Ministry of Finance said on Friday.
If anything, we would take comfort in seeing our elected officials express a bit of alarm when discussing these issues, if only to signal that they understand the gravity of the situation.
A valuation report on the territory’s public pensions calls for government to spend more than $368 million over the next 20 years – more than $18.4 million annually – to address the pensions’ combined funding shortfall of $197.2 million.
Legislators’ narrow vote to provide supplementary funding for the Utilities Regulation and Competition Office this month should be a wake-up call for Cayman’s troubled super-regulator.