Tag: PACT Government
PACT needs to do more to help families, says PPM
(CNS): Opposition Leader Roy McTaggart has accused the Cayman Islands Government of failing to fully appreciate the impact of the rising cost of living on families and has called for a broader set of measures to help people navigate inflation. During the last meeting of Parliament, Premier Wayne Panton listed a wide range of measures […]
PACT preparing new policy on duty waivers
(CNS) The Cayman Islands Government is working on a new policy that is likely to upend the traditional approach to duty waivers and other concessions. Premier Wayne Panton told CNS that past administrations had given up revenue in exchange for jobs or to boost economic activity. But Cayman’s priorities have changed, he said, and PACT […]
CIG rakes in near $447 million in just the first quarter
(CNS): The Cayman Islands Government earned a record $446,906,000 in the first three months of this year, the most it has ever collected, surpassing budget predictions and resulting in a whopping first-quarter surplus of almost $221 million. CIG collected over $73M more at the start of 2022 than in pre-pandemic 2019. As well as the […]
What’s PACT without two letters?
101 writes: Praises were heaped on Premier Wayne Panton when he recently did the ‘tough’ thing and suspended Cabinet Minister Bernie Bush for his recent behaviour which breached the code of conduct. But closer inspection of the situation demonstrates that the PACT government, rather than doing anything historical, may be demonstrating an all too familiar […]
Ex-Dart exec gets top job in premier’s office
(CNS): Pilar Bush has been appointed by Premier Wayne Panton as chief of strategy, heading up his office in a new political post that will see the former Dart executive pull together government strategic policy. Bush will attend Caucus meetings and support the work of all ministers and parliamentary secretaries to promote the strategic alignment […]
Seymour now parliamentary secretary to 3 ministers
(CNS): Dwayne Seymour will act as the parliamentary secretary to three different ministers, after crossing the floor from the opposition benches to the PACT government. Already widely dubbed on social media as the ‘minister without portfolio’ following his decision to leave his former Progressive colleagues for what appears to be more fruitful political ground, he […]
John-John joins PACT after MPs lobby for his ‘talents’
(CNS): Following two direct and very public invitations from the PACT government over the last few days to Dwayne “John-John” Seymour to join the administration, he did just that Tuesday evening. During a public meeting in his constituency of Bodden Town East he sought the approval of his voters to join the current government, crossing […]
PPM accuses PACT of choosing ‘massive borrowing’
(CNS): The leader of the opposition took aim at the new finance minister on Monday when he delivered his response to the PACT Government’s first budget. Roy McTaggart accused the new administration of choosing “massive borrowing” over fiscal prudence and implied they were not competent enough to make the decisions needed to balance the books.
PACT forecasts CI$15M deficit for 2022 budget
(CNS): Government is expecting a net deficit of CI$15.8 million for the Entire Public Sector in 2022 as a result of an anticipated loss by public authorities, but Finance Minister Chris Saunders is predicting an overall surplus of over $8.5 million in 2023. In the Budget address delivered Friday, he said it was not ideal […]
PACT to deliver its first budget on Friday
(CNS): The government will be meeting in the House of Parliament on Friday to present the Throne Speech and the finance minister’s first budget, which will cover the next two financial years. This will be the second meeting of the 2021/2022 Session of Parliament since the PACT government was formed, and while the public is […]
McTaggart implies PACT can’t handle reopening
(CNS): Opposition Leader Roy McTaggart has called on government to explain to the public how it will manage both the increased risk from the spread of COVID-19 and the fallout from the number of people that will be isolating after the country reopens to guests. Refuting the allegation that the Progressives are playing politics with […]
