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Home / News / 2007 Annual Economic Report of the Cayman Islands Released

2007 Annual Economic Report of the Cayman Islands Released

"The AER Report presents an overview of the following areas"

The AER Report presents an overview of the following areas:

?_ The global and regional economic environment in 2007 including world GDP and inflation, global finance and regional tourism indicators;

?_ The country’s macroeconomic performance in 2007 comprising of the gross domestic product, price inflation, employment, imports, money and banking;

?_ Key developments in the financial services sector, tourism, construction, real estate and utilities (electricity, water and telecommunications);

?_ Fiscal operations of the central government covering revenue, expenditures, primary balance, net financing and debt service indicators and

?_ The macroeconomic outlook for 2008, ie, GDP, inflation and the key risk factors for both.

The AER includes an Executive Summary, and a Statistical Appendix. This year’s edition of the AER features the following box articles:

?_ Food Prices
?_ Money Supply
?_ Legislative Changes in the Financial Sector.
?_ Government Bond Ratings for Cayman Islands as at 2008