Speeches

Peter Bottomley – 2014 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Peter Bottomley on 2014-05-13.

To ask the Secretary of State for Foreign and Commonwealth Affairs, what reduction he expects in the Cayman Islands government budget and on the Cayman Islands government provision of funds this year and next to the Cayman Turtle Farm; and if he will make a statement.

Mark Simmonds

The Cayman Islands Government and the Foreign and Commonwealth Office signed in November 2011 the Framework for Fiscal Responsibility. This sets out the agreed principles for credible and sustainable financial management, including limits for public borrowing. The Cayman Islands Government is responsible for decisions on taxation and public spending, including deciding on the allocation of the resources to the turtle farm.