McTaggart, Roy

Name: Roy McTaggart

District: George Town East

Affiliation: Progressives



Government seeks $153 million loan for bullet bond pay-off

Government is turning to local banks with the hope of securing a $153 million loan to help pay off its $261 million bullet bond which is due to be repaid in full in November this year.

Government maintains fiscal surplus

Government continued to raise higher than expected revenues in the second quarter of 2019, which produced a 65% larger than budgeted surplus for the public sector.

Diamond’s Edge holds grand opening

A new luxury development, Diamond’s Edge, formally opened its gates this month with an event at a marquee on site at the shores of North Sound.

Legislators approve $1.6 million for housing repairs

The government has approved more than $1.6 million in additional funding for its Housing Repairs Assistance Programme.

Economic Forum to provide update on key policies

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.

Government’s first quarter budget surplus larger than expected

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.

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