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Topic: 2024-2025 Budget

Government Administration Building

Rising government staff costs cause concern

Total spending on salaries and benefits for civil servants has increased by more than $25 million over the past 12 months.

MPs vote $45M in new welfare funding as cash runs out

Government has approved $45 million in new welfare funding after it emerged it would have been unable to pay its bills.

Government budgets $30M for loss-making Cayman Airways

Cayman’s national flag carrier has once again been awarded a substantial allocation in the government’s budget for 2024 and 2025 to run its domestic and international flights.

$30M healthcare budget for indigents unlikely to cover costs

Government has budgeted $30.6 million to cover the costs of healthcare for uninsured or underinsured Caymanians in 2024, a sum that politicians agree is unlikely to cover those expenses.

Opposition MP details PACT’s ‘track record of failure’

Deputy Opposition leader Joseph Hew has urged the United People’s Movement government to concentrate on seven key priorities in its 2023-2024 budget.

Analysis: What was missing from government’s spending plan?

While the government's two year budget, unveiled Friday, has a long list of high value projects, there were some much talked about big-ticket items that didn't make the cut.

Budget 2024-2025 in numbers: Revenue, expenses and investments

The government's revenue and expenses in 2024 and 2025 are both projected to surpass $1 billion for the first time.

Momentum stalls on minimum wage increase

Despite a year-long review process and a massive national consultation, government appears to be in no hurry to raise Cayman's $6-an-hour minimum wage.
Cruise ships outside of George Town - cruise referendum

Tourism minister Bryan resurrects cruise pier debate

Tourism and Ports Minster Kenneth Bryan has called for a referendum to be held on building a cruise pier at the next election.

McTaggart knocks UPM government’s ‘spend, rather than save’ budget choices

Opposition Leader Roy McTaggart has called for a "shift in direction" of the United People's Movement government's expenditure plan saying that its "spend, rather than save" choices in the 2024-2025 budget will have serious economic implications for the Cayman Islands.

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