Tag: Public Management and Finance Law
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 […]
New finance bill proposes more reporting
(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 […]
Cayman presses UK officials for changes to FFR
(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 […]
