News - Ministry of Finance & Economic Development
News

Finance Minister Meets With Cayman-Based Regional Parametric Insurer
Minister for Finance and Economic Development Hon. Rolston Anglin and members of his senior management team met earlier this month with representatives from the board of CCRIF SPC – formerly known as the Caribbean Catastrophe Risk Insurance Facility

Finance Minister Engages Sixth Formers on Economics and Careers
Minister for Finance and Economic Development Hon. Rolston Anglin, was invited to Cayman Prep and High School recently to speak with Sixth Form students studying Economics, Accounting and Business Studies.

Government to Strengthen Fuel Sector Regulation
The Government has approved drafting instructions to strengthen oversight of the Cayman Islands’ fuel sector, advancing reforms that will enhance public safety, improve consumer protection, and establish a more sustainable regulatory framework.
Quality of Life satisfaction in the Cayman Islands rose to 84.0%, up 1.1% overall
Quality of Life in the Cayman Islands improved in Fall 2025, with overall satisfaction rising to 84.0% (up 1.1% from Fall 2024). Caymanians reported slightly lower but faster-improving satisfaction at 82.9% (+1.2%)
The Average Annual Inflation Rate is 1.3% for 2025
The average inflation rate for 2025 is 1.3 per cent, with the second quarter recording the highest quarterly increase of 2.0 per cent.
Cayman Brac Duty Concessions Extended

Legislation Passed to Increase Stamp Duty on Properties
Hon. Rolston Anglin steered through legislation and regulations which will increase stamp duty on the transfer of properties worth $2 million dollars or more, and also increase the taxes charged on share transfers valued at..
Cayman Represented at Intl. Public Procurement Forum
Staff of the Central Procurement Office (CPO) returned to Cayman last month with a wealth of information on international best practice in public procurement following attendance at the XIX Annual Conference

Finance Minister Meets with UK OBR
On 28 November, Minister for Finance & Economic Development Hon. Rolston Anglin met with representatives of the United Kingdom’s Office for Budget Responsibility (OBR) while in London during the Joint Ministerial Council (JMC) meetings.
To see articles published before May 2025, visit: finance.cigarchives.gov.ky