AGP Executive Report
Last update: 11 hours agoProperty Market: Cayman’s real estate sales through September were close to last year’s full-year record, with condo prices still rising and completed inventory tight. Public Finances: The government expects a CI$26.6 million year-end surplus, about CI$16.6 million above its original forecast, despite nearly CI$45 million in added spending. Welfare funding is also under review as assistance reaches about 3,000 people. Sovereign Fund: Parliament unanimously backed the idea of a Cayman fund for the public’s benefit, with research, consultation and governance planning still ahead. Financial Services: Cayman has entered the assessment phase of its fifth-round CFATF review, which will examine both its rules and how effectively they are enforced. Business Growth: Cayman Enterprise City has reached 500 companies, while Cayman’s investment in the UK economy has more than doubled to £99 billion.
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