Tag: Strategic Policy Statement
$100M surpluses forecast for next 3 years
(CNS): Over the next three years core government is forecast to have operating surpluses of near or over $100 million, as Finance Minister Roy McTaggart predicts that Cayman’s economy will continue to grow by at least 2% per year from now until 2022. As he delivered the facts and figures to support the government’s strategic […]
East-West Arterial put on fast-track
(CNS): Premier Alden McLaughlin has said the construction of the East-West Arterial extension will be fast-tracked, bringing construction forward by two years. The project to extend the road to Bodden Town would be financed in the next budget, he said as he delivered the Strategic Policy Statement on Friday. The decision to accelerate the $18 […]
Premier to deliver latest policy statement
(CNS): Premier Alden McLaughlin will be delivering his government’s Strategic Policy Statement for 2020 and 2021 some time next month after the Legislative Assembly meets Wednesday for the first time this year. The statement will set out the government’s broad spending priorities for the next two years, paving the way for the budget process to […]
Budget to be delivered in 10 days
(CNS): The Government of National Unity will be delivering its first budget and strategic policy statement on 27 October, officials have confirmed. Finance Minister Roy McTaggart is expected to present a spending plan to cover the next two years, and Premier Alden McLaughlin will be setting out the stall for his coalition government over the […]
Health remains costly challenge for CIG
(CNS): The most recent financial report from the Health Services Authority has demonstrated that from health insurance cover issues to the management of the hospital’s accounts, as well as continued inefficiencies and access problems, managing healthcare in Cayman remains a major and costly challenge for government. When the Legislative Assembly met recently, the new health […]
CIG aims to cut public debt by half
(CNS): The government has revealed its latest plans to tackle what was once a serious debt problem, but in order to do so it will find itself temporarily falling foul of the Public Management and Finance Law. Government’s core debt is expected to stand at just over $451 million at the end of this year, […]
CIG stats predict rising cost of living
(CNS): The economic forecast the government presented in its recent strategic policy statement offers a stable picture for growth in the local economy and a fall in unemployment. But the inflation indicators warn that ordinary people could be in for a tougher time. If wages don’t go up over the next three years, workers at […]
Miller’s proposed health review rejected
(CNS): The government rejected a proposal by the opposition leader to have a joint select committee review what he has described as the crisis in local healthcare provision in all areas. Ezzard Miller filed a private member’s motion asking for a six member panel made up of four government members of the LA and two […]
Premier: Opposition not fit to lead
(CNS): Premier Alden McLaughlin lauded the work his coalition did to arrive at a common policy for his new Government of National Unity, as he delivered its Strategic Policy Statement in the Legislative Assembly yesterday. But there was very little unity with his political colleagues on the opposition benches during the debate on the SPS, […]
