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UPM leaves next government a CI$26.2m deficit - Cayman Islands Headline News

Summary by Cayman News Service
(CNS): The departing UPM administration is leaving behind a public finance crisis for the next government with a significant, forecast deficit after an increase in core operational spending and a fall in expected revenue for 2025 and 2026. The minority government managed to turn around what should have been a surplus of almost CI$55million this…
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Cayman News ServiceCayman News Service

UPM leaves next government a CI$26.2m deficit - Cayman Islands Headline News

(CNS): The departing UPM administration is leaving behind a public finance crisis for the next government with a significant, forecast deficit after an increase in core operational spending and a fall in expected revenue for 2025 and 2026. The minority government managed to turn around what should have been a surplus of almost CI$55million this…

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Cayman News Service broke the news in on Friday, April 4, 2025.
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