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Everyone Benefits From A Strong Economy
from young professionals, families, and old people to our vibrant business sector itself.   Strong public finances are generated from a strong economy and these in turn provide funding for public services – our schools, health services, roads, and police.
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Supporting The Long Term Health    Of Our Economy

Government funding also supports the long term health of the economy through investing in tourism infrastructure – such as our new airport, and enhancing anti-money laundering laws so our financial services sector can continue to flourish.  We now have a small surplus with our income exceeding expenses so that we can pay off some of our debts, and set aside emergency funds to help us recover from a hurricane or other crisis.
Road Day in the Life

Looking At The Numbers

UNEMPLOYMENT

3%

overall unemployment is the lowest in a decade at 3%
SCHOOLS

>70%

over 70% of schools now achieve satisfactory performance
HEALTHCARE

584

nurses and doctors are funded in our hospitals and in our community

TOURISM
9.57%
increase in stayover arrivals from July 2018 to July 2019 of 9.57%
POLICE
75
new police officers with 25 working out in the community
ECNOMY
5
major capital investment projects improving infrastructure

Doing The Maths

Revenue
from fees, licences, duty and taxes
Img 1
-
Expenditure
on public services and investments
img 2
=
Surplus 
(if we are careful)
used to address debt
+
set aside for emergencies
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A Brighter Future

As public funds are limited, the government must decide which areas would benefit the people and the community the most. To do this the government sets a number of strategic broad outcomes which serve as the foundation for the annual budget.  These broad outcomes endeavour to ensure Caymanians benefit from the opportunities of a strong economy, that our country continues to be a great place to live, and that we pay our part on the global stage.  The 2020 budget is scheduled for release in November 2019.
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More Info

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2018/2019 Budget Documents

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2018 Budget Statements

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Cayman Islands Compendium of Statistics

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Our Strong Economy

Contact Us
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Cayman Islands Government, Government Admin Building, Grand Cayman, Cayman Islands, Tel: 345 949 7600
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