AGP Executive Report
Last update: 11 hours agoCurrency: New Cayman Islands coins featuring King Charles III will enter circulation next week; Queen Elizabeth II coins remain legal tender. Public finances: Parliament’s Finance Committee approved CI$44.9 million in extra 2026 spending, mostly for healthcare and community support. The year-end surplus is forecast at CI$26.6 million, CI$16.6 million above the original estimate. Labour market: The Economics and Statistics Office has launched its wage survey, collecting pay, skills and employment data to help businesses compare compensation across industries. Property: Real estate sales through September were close to the market’s annual record, while condo inventory remains tight and prices are rising. Long-term investment: Parliament unanimously backed the idea of a Cayman Islands sovereign wealth fund, with research and consultation ahead and no launch date set. Business growth: Cayman Enterprise City has reached 500 companies.
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