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CIG to collect nearly $700M in revenue

CIG to collect nearly $700M in revenue

| 26/05/2016 | 34 Comments

(CNS): Government will have collected over $696 million in fees, taxes and other revenues when the current fiscal year ends next month, according to Premier Alden McLaughlin. Coupled with the revenue from statutory authorities and government companies and less the operating expenses of $563 million, the government will have a $145m surplus. 

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Year countdown begins on historic elections

Year countdown begins on historic elections

| 24/05/2016 | 27 Comments

(CNS): The first general elections to be held in Cayman under the ‘one man, one vote’ system in 19 single member constituencies is scheduled to take place exactly one year from today. Provided that the current PPM government can retain its very narrow majority, the date of the next national ballot is set for Wednesday, […]

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CIG missing $millions in rental stamp duty

CIG missing $millions in rental stamp duty

| 20/05/2016 | 72 Comments

(CNS): A memo that was written more than six years ago about government’s failure to collect stamp duty on residential leases suggests that the public purse is missing out on at least a million dollars every year in revenue that government experts said should not be very expensive to collect. Following a freedom of information […]

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CIG set to deliver 2016/17 budget before month end

CIG set to deliver 2016/17 budget before month end

| 19/05/2016 | 7 Comments

(CNS): The Cayman Islands Government will be delivering its first ever 18-month budget on 30 May. The premier’s office has confirmed that the final spending plan for this PPM administration will be brought to the Legislative Assembly a week on Monday, just one month ahead of the end of the current financial year. The spending […]

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Premier’s comments met with summit hostility

Premier’s comments met with summit hostility

| 17/05/2016 | 53 Comments

(CNS): Premier Alden McLaughlin has said that his comments about the hypocrisy of the United States were not greeted very well during last week’s anti-corruption summit in London. Speaking at a press conference Tuesday, he said the “temperature in the room fell about 10 degrees” when he pointed out the fight against corruption would not […]

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Connolly presses CIG to act on energy policy

Connolly presses CIG to act on energy policy

| 17/05/2016 | 25 Comments

(CNS): Government has accepted a motion presented by the opposition MLA for George Town, Winston Connolly, to consider legislating a new energy policy to meet global standards on sustainable development and climate change, but it doesn’t appear likely to happen anytime soon. Despite a passionate debate by the former government backbencher about the desperate need […]

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MLAs’ ex-PA denies robbery charges

MLAs’ ex-PA denies robbery charges

| 16/05/2016

(CNS): A woman who worked as a personal assistant to George Town MLAs Roy McTaggart and Winston Connolly when they were both still under the C4C political grouping has denied three counts of robbery and one of possessing an imitation firearm. When she appeared in Grand Court Friday, Christine Rae Smith (36) pleaded not guilty […]

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Awareness campaign to start on pensions

Awareness campaign to start on pensions

| 13/05/2016 | 44 Comments

(CNS): Following some 50 amendments to the legislation surrounding Cayman’s mandatory, private sector pension regime, Employment Minister Tara Rivers said that the new law would come into effect gradually. While several of the sections will be implemented together, other sections will require a longer transition phase to allow for public education and for the administrators […]

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Premier calls for end to hypocrisy

Premier calls for end to hypocrisy

| 12/05/2016 | 70 Comments

(CNS): The Cayman Islands premier has called on the worlds’ nations attending the corruption summit in London to stop the hypocrisy regarding the fight against financial crime and make standards truly global. Alden McLaughlin did not name the United States but he made it clear that any new international standard had to apply to major […]

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Election education to cost around $250k

Election education to cost around $250k

| 11/05/2016 | 28 Comments

(CNS): The first ever election in Cayman to be held under the system of ‘one man, one vote’ in single member constituencies is expected to cost around $1.5 million, considerably more than past elections due to the significant increase in personnel that will be required as well as the necessary public awareness campaign. Elections Supervisor […]

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PPM steers through mammoth LA agenda

PPM steers through mammoth LA agenda

| 10/05/2016 | 13 Comments

(CNS): The Progressive-led government managed to steer through a significant amount of work last week during a legislative sitting that had a mammoth agenda of bills, motions, questions and reports. Despite its wafer-thin majority, government remained in control, and with broad support for most of the new legislation across the benches, the PPM survived to […]

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