Tag: Unfunded Pension Liability
![CIG debt under control but liabilities still pose problem CIG debt under control but liabilities still pose problem](http://caymannewsservice.com/wp-content/uploads/2024/08/head-in-the-sand-min-150x150.jpg)
CIG debt under control but liabilities still pose problem
(CNS): The Cayman Islands Government’s debt currently stands at $429.9 million, with $48.1 million due within one year, according to the CIG’s latest unaudited accounts published earlier this month. This figure is well within the requirements of the Public Finance and Management Act, with a net debt ratio of just 17.5%, while the law allows […]