Tag: unaudited financial results
Tourism tax loss eclipsed by financial fees
(CNS): The public purse lost around CI$17 million in accommodation and cruise ship taxes during the first quarter of 2021 as a result of the closure of the borders and the shutdown of Cayman’s tourism sector. However, earnings from the offshore financial sector more than made up for that loss of revenue for government.
Public purse full but concerns on horizon
(CNS): In what appears to be a first for the government when it comes to reporting on public spending, the Ministry of Finance and Economic Development has published the unaudited financial results for the first three months of 2018. The report outlines how well core government has done collecting revenue, controlling spending and managing its […]
