Chamber and Ministry of Finance to host economic forum

Minister of Finance Roy McTaggart will deliver the keynote address at the Chamber of Commerce’s Economic Forum on May 24 at the Kimpton Seafire Resort + Spa.

The Chamber event will provide a status update on each of the country’s main industry sectors.

Minister McTaggart will provide an overview of the state of the economy, government’s fiscal position, and projections for the economy for the next three years.

“My ministry is delighted to partner with the Chamber in this forum,” Mr. McTaggart said. “I look forward to a lively discussion and debate on Cayman’s economic performance and the challenges we face.”

Chamber President Paul Byles said the Chamber’s Growth Matters campaign last year explained the importance of economic growth and how it could be attained. The new event will continue his organization’s advocacy for sustainable growth.

“We recently held two breakfast briefings on the financial services and tourism industries, but every so often it is important that as a country we take stock of the status of our economy and its medium-term future,” Mr. Byles said. “With the help of industry experts and senior government officials this event will do just that.”

He encouraged Chamber members and non-members to register on the Chamber website for the free event.

Representatives from each of the main industry associations will join Minister McTaggart to deliver presentations on the current state of their respective sectors, the challenges they face, and the opportunities they have identified for future growth.

Jude Scott, CEO of Cayman Finance; Tony Catalanotto, treasurer of the Cayman Islands Real Estate Brokers Association; and Theresa Leacock-Broderick, president of the Cayman Islands Tourism Association, have confirmed to speak on the financial services, real estate, and tourism industries.

Audience members will have the opportunity to ask questions during a question-and-answer session after each presentation.

The Economic Forum will take place at the Kimpton Seafire Resort + Spa from 12:30 p.m. on Thursday, May 24.

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