Bush to sign commitment on public finances

| 10/02/2011

(CNS):The UK’s overseas minister, Henry Bellingham, has welcomed Premier McKeeva Bush’s commitment to signing a Framework for Fiscal Responsibility, thepremier’s press office said yesterday on the heels of the meeting between the two men at the Foreign and Commonwealth Office in London. On Tuesday, 8 February, Bellingham and Bush discussed a range of bilateral issues, including proposals to strengthen the management of public finances in the Cayman Islands. Bush was able to take good news to London, however, having turned a prospective public deficit into a surplus ahead of his third meeting with the UK government.

Another issue on the agenda was the debate which was started by Alden McLaughlin in the Legislative Assembly recently regarding the term "Governor in Cabinet". Following the changes to the Cayman Islands constitution and the balance of power between elected officials and the governor, McLaughlin believes that new legislation that relates to the areas of responsibility of elected minister should not refer to the "Governor in Cabinet".

In the press statement from the Premier’s Office, it was revealed that FCO officials are giving further consideration to the use of the term.

Following his meeting at the FCO the premier moved on to Jersey, one of the UK’s crown dependencies which also specializes in financial services and is located in the English Channel.

According to briefing papers issued by Jersey officials the premier was visiting in order to examine that jurisdictions public finance laws. 

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Comments (6)

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  1. Anonymous says:

    As long as McKeeva Bush knows that for this Tory Govt. the figures had better be right, then he will be all right.

    There will be no ‘bending the rules’ with this lot in charge of Britain now….

    For heaven’s sake, they’re cutting even milk subsidies for the school children but…

    They’re also sending the dishonest, ‘expense-fiddling’ MPs to jail, left, right and center.

    Another one got sent down today for 12 months and there will be more to follow.

    • Anonymous says:

      You’re pretty much correct but cutting the school milk subsidies was a Labour government plan.

      The big difference with the new UK government is that they are actually listening to people’s concerns not, as happened throughout the previous administration, ignoring them.

  2. tj says:

    Lol… Bush is smarter than you think.

  3. Anonymous says:

    any ‘commitment’ from the cayman islands government is not worth the paper it is written on…….

  4. Anonymous says:

    Henry Bellingham is the local MP where my family lives in theUK with a very solid reputation for listening and helping – as long as you are straight with him.

    Based on his work here, he has no hidden agendas so could prove to be a good friend of the Cayman Islands and a valuable point of contact if you treat him with respect.