Topic: Finance Ministry
Cayman strengthens safeguards to block illicit funds with new office
Cayman has set up a new office to spearhead the fight against illicit money, Premier and Finance Minister André Ebanks has said.
Winspear ‘disappointed’ with government’s implementation of recommendations
The Office of the Auditor General has lamented government’s lack of progress in implementing Public Accounts Committee (PAC) recommendations.
Ombudsman orders release of Gov’t concessions for major developments
The Finance Ministry has been ordered to release documents detailing concessions granted by government for major development projects dating back from 2017.
Government seeks $15.9 million in unpaid bills
Despite debts piling up for healthcare patients, garbage collection fees and other public services for years, the Cayman Islands government has not been aggressive about collecting the millions it is owed.
Government’s ‘surplus’ does not count debt payment
The Cayman Islands government will achieve a much smaller budget surplus during 2017 than it has in each of the last three financial years.
Economic growth continues for 5th consecutive year
The Cayman Islands hit a milestone of five consecutive years of growth, government economists announced Friday, with the gross domestic product reaching $2.8 billion in 2015.
Two-year-old pension report awaits Cabinet review
Representatives of the Finance Ministry have declined to release a Jan. 1, 2014 financial evaluation of the Public Service Pensions system twice in the last six months, citing a pending review of the documentation by Cabinet ministers to occur at a date in the future.
