Tag: Pre-Election Economic and Financial Update
CPR: CIG cash crisis makes cruise piers even less viable
(CNS): Campaigners pushing for a ‘no’ in the upcoming cruise port referendum have said the pre-election finance report shows the country is in no position to invest in a costly cruise berthing facility. Katrina Jurn, from CPR Cayman, said that even if the Cayman Islands Government were to come up with some deal with the […]
UPM leaves next government a CI$26.2m deficit
(CNS): The departing UPM administration is leaving behind a public finance crisis for the next government. After an increase in core operational spending and a drop in expected revenue for 2025 and 2026, the minority government managed to turn what should have been a surplus of almost CI$55 million this year into a $26.2 million […]
