News

Following the Government’s decision on 13 May 2026 to remove import duty on all gasoline and diesel as part of its larger efforts to provide vital cost-of-living relief to Caymanian families, the fuel duty waiver will come into effect from Monday, 1 June 2026.

NCFC released its one-year report, providing a comprehensive account of its first year in office including its legislative actions, strategic policy achievements and community investments delivered across all three Islands.

Premier and Minister for Financial Services and Commerce, the Hon André M. Ebanks has concluded a productive two-day mission in Shanghai, engaging with financial services stakeholders to reinforce the Cayman Islands’ position as a premier international financial centre.

The Cayman Islands Government’s Quarterly Financial Report for the Three-Month Period Ended 31 March 2026 was published in the Cayman Islands Gazette on Friday, 8 May 2026 as required by law

The Cayman Islands’ economy continued its steady pace of expansion in 2025, recording an estimated 2.8% real GDP growth in the first nine months of the year

the Government will take a modified approach focusing on long-term financial stability. While supporting the intent of the Motion, the Government has determined that the programme will move forward as a retirement-focused “Caymanian Baby Bond”

Labour market estimates from the Labour Force Survey (LFS) Fall 2025 show the unemployment rate (the proportion of unemployed persons to the total labour force) at 2.6%, compared to 2.4% for the same period in 2024

Fieldwork for the Spring 2026 Labour Force Survey (LFS) and Quality of Life Survey (QLS) conducted by the Economics and Statistics Office (ESO) began on Sunday, 26 April 2026

The Cayman Islands is reaffirming its commitment to strong, modern and effective utility regulation through its participation in the 20th Annual Conference of the Organisation of Caribbean Utility Regulators (OOCUR)