The Cayman Islands Ministry of Finance and Economic Development published unaudited results showing Core Government recorded a KYD 267.9 million surplus in the first five months of 2026, driven mainly by revenues exceeding original forecasts, particularly in the financial services sector. Against that backdrop, Finance Committee approved KYD 134.3 million in supplementary appropriations for education, cost of living support, infrastructure, environmental protection, culture and essential public services. The government continues to forecast 2026 operating revenue of KYD 1.288 billion and an operating surplus of KYD 10.5 million. The approved measures include expanded summer school provision, continued financial assistance for vulnerable Caymanians, summer stipends for bus drivers and bus wardens, and continued ex gratia payments for seafarers and veterans. Capital and equity appropriations total KYD 114 million, including KYD 48 million for school facilities, KYD 21 million for strategic public land acquisitions, KYD 12 million for conservation land, KYD 8 million for Port Authority land, vessels and equipment, KYD 6 million for road and drainage works, and KYD 13 million for Cayman Airways to address fuel, engine replacement and other operational pressures. Operational appropriations total KYD 20.3 million and include funding for Fifth Round Caribbean Financial Action Task Force mutual evaluation preparations, agriculture support, youth and sports initiatives, cultural programmes, and fire and aerodrome fire services. No additional borrowing is required beyond the level approved in the 2026 budget, the government remains compliant with all six Principles of Responsible Financial Management, and cash reserves are projected at about 94 days of operating expenditure. The supplementary appropriations will now be incorporated into a Supplementary Appropriation Bill for presentation to Parliament under the Public Management and Finance Act.

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