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Immigration could be a a key way of increasing revenues to strengthen the country's finances, the Public Accounts Committee was told. - Photo: CIGTV

Hikes to immigration and stamp duty fees considered as new revenue measures

Higher immigration and stamp duty fees could be key ways of increasing revenues to strengthen Cayman's finances on top of measures already working their way through Parliament, the Public Accounts Committee was told.
House of Parliament

Public Accounts Committee told there could be a budget surplus after all

Government's top financial advisor has told MPs that there is unlikely to be a $60 million deficit at the end of the year as previously predicted and that there could be a small surplus instead.

New head for Public Service Pensions Board

Sheree Ebanks has been appointed the new chairperson of the Public Service Pensions Board.

Investment body dormant for 15 years

A government committee that has the job of reviewing capital projects and making sure government can afford them has been dormant for some 15 years, according to statements made during Thursday’s hearing of the Public Accounts Committee.

Cayman’s government debt costs $443M over four years

The “cost” of the Cayman Islands government’s debt, what it either has already paid or is due to repay in interest and principal amounts between July 2015 and December 2019, is more than $443 million, according to a review of publicly available budget records.

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