Tag: Sue Winspear
Soaring healthcare costs pose major risk to public purse
(CNS): Whichever group of candidates forms the next government, they will be faced with significant pressure from the public to reduce the cost of living, tackle the immigration conundrum, improve education standards and address the housing and over-development crises. But the biggest headache of all might prove to be the government’s growing healthcare tab for […]
OAG issues warning over debt and future liabilities
(CNS): The Cayman Islands Government is heading for significant fiscal challenges because of increasing public debt to cover its growing list of capital projects and the liabilities to cover the healthcare cost of retired civil servants now and in the future. In her most recent report about the sustainability of public finances, the departing auditor […]
Winspear bows out warning of unsustainable finances
(CNS): As Auditor General Sue Winspear prepares to bid farewell to Cayman this weekend after more than eight years scrutinising, but also trying to help with, public finances, she has published one of her most damning reports to date, stressing the long-term unsustainability of government spending and concerns about its ability to meet future financial […]
OAG releases redacted version of leaked ReGen report
(CNS): Auditor General Sue Winspear has released a redacted version of a report conducted in 2021 examining the Cayman Islands Government’s failed ReGen deal with a Dart Consortium to tackle the country’s rubbish. However, an unredacted version of the report was leaked last summer, soon after the CIG announced it was pulling out of the […]
Only 27% of construction workers are Caymanian
(CNS): The idea that construction is critically important for local jobs was dispelled by Ministry of Labour Chief Officer Wesley Howell on Thursday when he told the Public Accounts Committee that only around 27% of people working in the sector are Caymanian. Howell was answering questions about a report by the Office of the Auditor […]
Dart-led consortium not properly checked out
(CNS): Of the many reasons for the recent collapse of the talks between the government and the Dart-led consortium proposing to develop a waste-to-energy facility and waste management system at the George Town dump was that the parties involved in this public-private partnership may not have been fully qualified to do the work. In a […]
CIG made shocking list of errors in $1B waste project
(CNS): From the moment the government began exploring options for a new waste management system, it failed the people of the Cayman Islands with a shocking list of errors on what would have been the most costly infrastructure project embarked on in these islands. A damning leaked report by the Office of the Auditor General […]
$144M spent in five years helping locals into work
(CNS): The Cayman Islands Government spent close to CI$144 million over five years (2019 to 2023) on efforts to get Caymanians into work, but a report by the Office of the Auditor General found little evidence that any of the various programmes and attempts to remove barriers have actually impacted the unemployment rate. The report […]
‘Fierce advocate’ leaving after eight years at OAG helm
(CNS): After eight years as auditor general of the Cayman Islands, Sue Winspear will be stepping down from the post before the end of the year. Governor Jane Owen described the first woman to take on the challenging role as “a fierce advocate” who held people to account over the expenditure of public cash. Winspear […]
EY lands $1.2 million contract to reform CIG budget
(CNS): The government recently awarded a contract worth more than CI$1.2 million to reform and modernise the way the government does its budget. The local consultants have been asked to help implement an outcome-based budgeting and reporting framework that includes a system to support the preparation and reporting process. For years, the Office of the […]
CIG still dodging CI$2.2B CS retirees healthcare liability
(CNS): At a Public Accounts Committee meeting on Thursday, senior officials once again dodged questions on how and when the Cayman Islands Government proposes to place its liability for the future healthcare needs of retired civil servants squarely on its books. This financial liability is currently only included in supporting notes that form part of […]
