Cayman Islands Ministry of Finance and Economic Development

03/06/2026

From 1 June through 30 September, the Government is removing import duty on gasoline and diesel to help cushion the impact of rising global fuel prices on Caymanian families and businesses.

Minister for Finance and Economic Development Hon. Rolston Anglin explains how the duty waiver could impact fuel prices “at the pump” and when this impact will be felt by consumers.

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From 1 June through 30 September, the Cayman Islands Government is ...

29/05/2026

From June 1st through September 30th, the Government is removing import duty on gasoline and diesel to help cushion the impact of rising global fuel prices on Caymanian families and businesses.
Minister for Finance and Economic Development Hon. Rolston Anglin said the Fuel Relief Programme reflects the Government's commitment to using every tool available to help manage cost-of-living pressures.
While the duty waiver takes effect on June 1st, consumers may not see a change at the pumps until mid-June, when duty-free fuel will reach most service stations.
Although fuel prices will still be influenced by international market conditions, Minister Anglin pointed out that without this duty waiver fuel costs would be even higher.
Read more at https://gov.ky/w/timing-and-impact-of-fuel-relief-programme-explained

25/05/2026

Minister for Finance and Economic Development Hon. Rolston Anglin is also the Minister for Education and Training, and in this video he explains an important expansion in Early Childhood Assistance Programme (ECAP) funding which will allow more families - and children - to qualify for assistance with pre-school education fees. To apply, visit https://moeapplications.gov.ky

21/05/2026

After one year in office, the Government continues to deliver responsible financial management, stronger governance, and meaningful results for the Cayman Islands.
From delivering a balanced 2026–2027 Budget and achieving a 2025 surplus, to providing energy cost relief for families and strengthening transparency in public finances, the Ministry of Finance and Economic Development has remained focused on accountability, stability and long-term sustainability.
Minister for Finance and Economic Development, Hon. Rolston Anglin, reflects on the Ministry’s progress and priorities over the past year.
Read the First Year Anniversary Update at gov.ky/meaningfulmomentum

20/05/2026

In one year, the Government has already delivered on key initiatives, introduced legislative changes, and established policies and plans aimed at improving the lives of Caymanians across all three islands.
The First Year Anniversary Update highlights advances across Government’s seven Broad Outcomes under the Strategic Policy Statement (SPS), including key achievements, ongoing work, and priorities guiding the next phase of delivery.
This Update reflects Government’s continued focus on forward momentum and delivering meaningful progress for Caymanians.
Read the First Year Anniversary Update at gov.ky/meaningfulmomentum

In one year, the Government has already delivered on key initiatives, introduced legislative changes, and established policies and plans aimed at improving the lives of Caymanians across all three islands.

The First Year Anniversary Update highlights advances across Government’s seven Broad Outcomes under the Strategic Policy Statement (SPS), including key achievements, ongoing work, and priorities guiding the next phase of delivery.

This Update reflects Government’s continued focus on forward momentum and delivering meaningful progress for Caymanians.

Read the First Year Anniversary Update at gov.ky/meaningfulmomentum

15/05/2026

Minister for Finance and Economic Development Hon. Rolston Anglin’s remarks at the opening ceremony of the Organization of Caribbean Utility Regulators (OOCUR) 2026 Conference in Jamaica on 28 April have gained regional attention, with an article published in the Jamaica Observer.
Minister Anglin noted that Caribbean nations have a real opportunity to reduce energy costs, strengthen resilience, and build a more sustainable future through renewable energy.
He highlighted the urgent need for the region to reduce its dependence on imported fossil fuels and unlock the potential of solar, wind and other renewable energy sources.
“The energy transition is not simply an environmental imperative – it is an economic and national security one,” Minister Anglin said.
Read more in this Jamaica Observer feature on the regional conversation around energy security, regulation and innovation: https://www.jamaicaobserver.com/2026/04/29/call-regional-push-towards-renewable-energy/

14/05/2026

For today's post, we look back at the day just over one year ago when the Office of the Premier announced the assignment of responsibilities to Ministers in the newly formed National Coalition For Caymanians (NCFC) administration.
Hon. Rolston Anglin, JP, MP was appointed as Minister for Finance and Economic Development, and received his appointment from HE Governor Jane Owen.
Happy First Anniversary Minister Anglin!

On Friday, 9 May 2025, the Office of the Premier announced the assignment of responsibilities to Ministers in the newly formed National Coalition For Caymanians (NCFC) administration.

Honourable Rolston Anglin, JP, MP was appointed as Minister for Finance and Economic Development, and received his appointment from HE Governor Jane Owen.

13/05/2026

The Cayman Islands’ economy continued to show resilience and steady growth in 2025, with real GDP increasing by an estimated 2.8% in the first nine months of the year. 📈
Growth was broad-based across key sectors, including:
✔️ Health services: +5.1%
✔️ Government services: +4.0%
✔️ Real estate: +3.9%
✔️ Business services: +3.3%
✔️ Utilities: +3.0%
✔️ Financing & insurance: +2.2%
These results reflect a resilient, service-driven economy supported by continued investment, sound financial management and confidence in Cayman’s core industries.
Read more at https://gov.ky/w/caymans-economy-grew-by-two-point-eight-percent-in-the-first-nine-months-of-2025 and download “The Cayman Islands’ Third Quarter Economic Report 2025” at www.eso.ky

12/05/2026

The Cayman Islands Government’s Q1 2026 Financial Report has been officially gazetted, showing a strong start to the year with an unaudited Core Government surplus of $321.7 million and an Entire Public Sector surplus of $328.1 million.

Highlights from the First Quarter 2026 include:
• Revenues of $624.9 million — $40.4 million above budget
• Net Assets of $2.9 billion
• Strong performance from several Statutory Authorities and Government Companies, including Cayman Airways, the Cayman Islands Airports Authority and the Cayman Islands Monetary Authority
• Expenses remaining $10.5 million below budget for the period

While the Government notes that planned operating and capital expenditure later in the year is expected to reduce the current surplus position, the Q1 results provide continued confidence in the Cayman Islands’ fiscal outlook and economic resilience.

Read more and download the full report here: https://gov.ky/w/ci-government-q1-2026-financial-report-gazetted

11/05/2026

📊 The latest Labour Force Survey results are in — and Cayman’s labour market remains strong.
As of December 2025, the overall unemployment rate stood at 2.6%, with the total labour force increasing by 6.6% compared to Fall 2024.
Key highlights from the Fall 2025 Labour Force Survey include:
✅ 63,289 people employed across the Islands
✅ Caymanian unemployment declined from 4.6% to 4.1%
✅ Employment among Caymanians increased by 13.4%
✅ Total population estimated at 90,577
The latest figures reflect continued growth in the Cayman Islands economy and increasing participation in the labour force.
Read more at https://gov.ky/w/cayman-islands-unemployment-rate-as-of-december-2025
Download the report from the Economics & Statistics Office website - www.eso.ky