Tag: Marco Archer

PPM in surprise GT candidate shuffle

PPM in surprise GT candidate shuffle

| 29/03/2017 | 0 Comments

(CNS Elections): Marco Archer, the current finance minister and one of the Progressives’ most popular candidates, will be running in George Town Central instead of Premier Alden McLaughlin, who was expected to be in a head-to-head fight with his former assistant, Kenneth Bryan. The party had been tight-lipped about where many of their candidates were […]

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Premier pulls lawyers law as time runs out

Premier pulls lawyers law as time runs out

| 28/03/2017 | 32 Comments

(CNS): With so much controversy still surrounding the Legal Practitioners Bill, despite efforts by government to seek agreement with the opposition benches, the premier pulled the proposed bill Monday, the last sitting of the Legislative Assembly before it is dissolved by the governor today, Tuesday 28 March, in preparation for the 2017 General Election campaign. […]

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Poor lose out in budget cash shuffle

Poor lose out in budget cash shuffle

| 01/02/2017 | 57 Comments

(CNS): The government has taken more than $2.5 million from various welfare cash allocations in the 2015/16 budget, according to the supplementary appropriations bill that it will be bringing to the Legislative Assembly later this month. In its reallocation of money originally appropriated in the last year’s budget, government has taken $500,000 from the school lunch […]

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Christmas messages focus on Cayman’s blessings

Christmas messages focus on Cayman’s blessings

| 26/12/2016 | 6 Comments

(CNS): With the turmoil of political upheaval, wars and terrorism around the world, Cayman’s leaders focused on reasons to celebrate the peace and stability in the Cayman Islands and what Premier Alden McLaughlin said were its many blessings. “Fortunately, here at home we have had many reasons to celebrate giving us good cause to keep […]

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New finance bill proposes more reporting

New finance bill proposes more reporting

| 22/12/2016 | 21 Comments

(CNS): Government has gazetted a list of amendments to the Public Management and Finance Bill that covers important changes when it comes to the reporting of how government is spending public cash. The Public Management and Finance (Amendment) (No. 2) Bill, 2016 is expected to be debated in the Legislative Assembly when it meets again […]

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Economy grows by 3%, passing predictions

Economy grows by 3%, passing predictions

| 20/12/2016 | 29 Comments

(CNS): Cayman Islands Government statistics released Friday indicate that the local economy grew by around 3% in the first six months of 2016, surpassing predictions and reflecting the best growth rate in the country since before the economic crisis. The forecast GDP growth for 2016 has now been adjusted from the expected 2.1% forecast by […]

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Customs opens red-green channels at airport

Customs opens red-green channels at airport

| 25/11/2016 | 49 Comments

(CNS): The Customs Department has begun operating a new clearance system in the arrival hall at Owen Roberts International Airport (ORIA). Collector of Customs Charles Clifford said the simplified process, recommended by the World Customs Organisation and commonly known as the ‘red/green system’, facilitates the flow of arriving passengers and their baggage without reducing the […]

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Archer targets revenue reporting

Archer targets revenue reporting

| 25/11/2016 | 21 Comments

(CNS): The finance minister has said that government’s inability to confirm that the revenue collected into the public purse is everything it is owed and recorded in its financial statements is a major challenge that he plans to tackle. Marco Archer told civil servants at a conference Thursday that after massive improvements in the public […]

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Archer targets red tape and debt

Archer targets red tape and debt

| 11/11/2016 | 24 Comments

(CNS): The finance minister is hoping discussions he had with UK officials during the government’s trip to London last week will help him pay down more of the public debt and reduce bureaucracy on capital projects. Marco Archer told a small branch meeting of the PPM Wednesday that there were some issues with the Framework […]

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Cayman presses UK officials for changes to FFR

Cayman presses UK officials for changes to FFR

| 02/11/2016 | 20 Comments

(CNS): Cayman’s finance and economic development minister has been pressing UK officials to make changes to the Framework for Fiscal Responsibility, which is now part of the Public Management and Finance Law. Marco Archer, along with Financial Secretary Kenneth Jefferson and Premier Alden McLaughlin, began the discussions with Foreign and Commonwealth officials in London Tuesday […]

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Premier & Co head to London for post-Brexit JMC

Premier & Co head to London for post-Brexit JMC

| 28/10/2016 | 21 Comments

(CNS): The future of Great Britain and its dependent territories in a post-Brexit landscape will be high on the agenda next week when the UK meets with the leaders of its remaining colonies in London. Cayman Islands Premier Alden McLaughlin is travelling to the British capital today with a substantial delegation for the Overseas Territories […]

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