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Topic: Ministry of Finance
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.
Despite a suggestion by the Office of the Ombudsman, the Ministry of Finance appears to have no intention of issuing an apology to a freedom of information applicant who complained about the ministry’s handling of the request.
An appeal made to the Office of the Ombudsman over a Freedom of Information request in September 2017 has resulted in an eight-page report which asks the Ministry of Finance and Economic Development to make an apology to the applicant.
The Cayman Islands government spent nearly $35 million during a five-year period on consultants to support a range of public projects, spending which was largely not monitored and which, in many instances, was done without a business case plan.
Cayman Islands officials acted wisely when they hired Baker Botts law firm partner Jeff Munk to represent our country’s interests in Washington, D.C.
Members of the Legislative Assembly Friday approved an $862.4 million budget for government over the next 18 months.
Sometimes, the bad news simply cannot be relegated to a footnote, but needs to be blared out in all capital letters, right across the top of the front page.
Accounting and management staff from the Ministry of Home Affairs will attend fraud prevention and detection training over the next two weeks.
Because of Finance Minister Marco Archer’s attempts to guide the Cayman Islands government out of debt, local taxpayers have accumulated a new kind of debt — of gratitude.
The wider world "out there" is fraught with economic uncertainty ... All the more reason for Cayman Islands leaders to focus their attention on our own solitary vessel.
Finance Minister Marco Archer says accounting and financial controls are improving, despite an adverse opinion and other criticisms from the auditor general on government financial statements from the past two years.
In the Dec. 1, 1965 edition of the Caymanian Weekly, a predecessor of the Cayman Compass, George Town correspondent Frances Bodden reported on some of the happenings in the district:
For about a decade, the Cayman Islands Government failed to file consolidated financial statements on time, or in any sort of auditable form, as required by the territory’s Public Management and Finance Law.
A number of government agencies have missed out on the collection of tens of millions of dollars.
Our government’s most serious and well-documented flaw is how it spends money. Coming in at a close second is how it collects money.
Poor record keeping and a lack of specific criteria for waiving government fees leaves the “revenue collection operations open to abuse,” according to the acting auditor general.
The Jamaican Ministry of Finance has approved an application for the Jamaica National Building Society to convert to a commercial bank.
Government is still trying to get its new customs tariff codes right, more than a year after charges were made to the tax system.
Cayman has five new garbage trucks, but for now residential trash collection will remain at once a week.
The premier wastes no time in hiring a new political assistant. Several high-profile jobs in the rest of the Home Affairs ministry, however, are still looking for full time staffers.
A local distillery is supplying Cayman rum to thirsty Canadians in their home country.
When posed with any proposal that would increase government's reach, diminish individuals' privacy rights and devolve responsibility away from elected officials – our first response is to ask: Why?
Proposed amendments to the Statistics Law would make it illegal to give false information in a government survey and opens up exempt companies for data collection.
Discussion of a controversial travel audit set for today may be "difficult," according to the Public Accounts Committee chairman.
Both the Customs and Immigration departments are now lacking permanent leadership.
Details of McKeeva Bush’s late-night casino gambling were overshadowed by former governor Duncan Taylor’s penchant for a “quiet bottle of bubbly” in a headline-grabbing trial that had more twists and turns than a John Grisham thriller.
Legislative Assembly members will get a preview of the budget this week.
Government ministries comply - in varying degrees - with directives to proactively release credit card statements.
The Chamber of Commerce acknowledges the government's progress in accountability over 10 years, but says there is a long road ahead.
Ken Jefferson will assume the chief officer’s role for the Ministry of Finance and will now be tasked with the financial and human resources operations of the entire ministry.
Globe-trotting, luxury dining and limo rentals were among some of the charges on the credit card bills of upper-echelon civil servants and elected ministers.
Figures released for 2013 show that, on average, Cayman residents live to the age of 82.
Government takes more than a year trying to decide whether records of Cabinet meetings should be made public.
Lord Blencathra may be the one who has been ordered to dine on crow, but Cayman deserves a place at the table right next to him, sharing in that meal.
Cayman's finance minister receives kudos from his party's political opponents.
Former Premier McKeeva Bush hits back at critics after some questionable travel and hospitality expenses are revealed.
Cayman's Chamber of Commerce lashes out at the local government over travel and hospitality spending.
Hundreds of thousands of dollars of unexplained or questionable travel and hospitality expenses in local government are revealed.
Government runs up some serious 'hospitality' bills on the taxpayers' dime.
Cayman must get UK approval before borrowing to pay off its current debts.
The Cayman Islands government plans for a modest staff increase during the 2014/15 budget year.
Ten government agencies are found to be 'missing' emailed open records requests.
Sonia McLaughlin retires afte 42 years of service.
A former government consultant has lost his appeal against conviction for overstaying.
Rating agency Moody’s has maintained the credit rating of the Cayman Islands with a stable outlook.
The move, first announced in December, was made official on Sunday when the decision was published in the French finance ministry journal, France’s equivalent of the government gazettes.
The former Ministry of Finance says it got $7 million from government in 2011/12, auditors just can't prove it.
Were open records request emails blocked from government servers? The information commissioner's office wants to know.
The Liquor Licencing Board, after years of questions and apparent conflicts of interests, appears to be headed for change, a move supported by a majority of those polled in the Caymanian Compass last week.
Banks and other account holding institutions have transferred CI$12.88 million from dormant accounts to the government in the past three years.
National Roads Authority paving equipment isn't returning from Cayman Brac anytime soon.
A lack of written transcript of a Planning Appeals Tribunal hearing held up an official decision being issued for months.
France has updated its official list of jurisdictions it considers uncooperative tax havens with regard to transparency and information exchange in tax matters.
The Deputy Governor's Employee of the Year Award went to Nicholas McLean with the Department of Education.
The Cayman Islands’ annual budget and its four-year fiscal plan for the territory has gained approval from the British government, clearing the way for a promised late-September debate – and much-sought approval – in the Legislative Assembly.
Cabinet's refusal of an open records request is puzzling.
Scrutiny of the financial affairs of the US and US-affiliated citizens in the Cayman Islands came a giant step closer on Tuesday as local and Washington officials announced they had initialled tax-information-exchange agreements.
In two weeks, "the headache of the decade" starts when Washington's Internal Revenue Service unveils its online registration service, giving every financial-services institutions in the world 90 days to sign up to global tax collection.
The Pirates Week Office has a new Executive Director.
The Cayman Islands Government is good business for consultants.
In a statement released last week the UK tax authority HM Revenue and Customs said it was cooperating with the United States and Australian tax administrations, the IRS and ATO, on data which reveals the extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.
Some civil servants stay busy with their own business interests outside government.
Cayman's government is getting financial statements in more often, but their figures aren't quite making the grade.
Government releases expenses on globe-trotting ministers.
Cayman Islands civil servants turned out in force on 28 March to support non-discrimination efforts spearheaded by Rotaract Blue’s Open Arms Programme.
As part of the government's restructuring initiative, the parks unit is merging with the Public Works Department.
Government has paid a group of 10 people about $3,500 per month to work at Barkers as park rangers.
Official budget communications between the local government and the UK are withheld from public release.
Aerial survey is going on in Cayman.
Half of the $9.5 million in Nation Building Fund expenses went to churches from 2009 to June 2012.
The Cayman Islands Government revises policy on cracking down on public vendors.
The Cayman government and China Harbour aren't talking about what happens to money spent on Spotts cruise plans.