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The economy of the Cayman Islands, a British overseas territory located in the western Caribbean Sea, is mainly fueled by the tourism sector and by the financial services sector, together representing 50–60 percent of the country's gross domestic product (GDP). [ 7] The Cayman Islands Investment Bureau, a government agency, has been ...
Canadian public debt, or general government debt, is the liabilities of the government sector. [ 1]: 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future. [ 2]: 207 They consist mainly of Treasury bonds, but also include public service employee pension ...
The Canadian federal government announced in 2023-24, $94.6 billion to transfer to the provinces and territories through major transfers (Canada Health Transfer, Canada Social Transfer, Equalization and Territorial Formula Financing), direct targeted support and trust funds), a $7 billion increase from the previous year, 2022-23.
The Cayman Islands' physical isolation under early British colonial rule allowed the development of an indigenous set of administrative and legal traditions which were codified into a constitution in 1959. A constitution, which devolved some authority from the United Kingdom to the Cayman Islands Government, was passed by referendum on 20 May ...
Canada Assistance Plan. v. t. e. In Canada, the federal government makes equalization payments to provincial governments of lesser fiscal capacity so that "reasonably comparable" levels of public services can be provided at similar levels of taxation. [ 1] Equalization payments are entrenched in the Constitution Act of 1982, subsection 36 (2).
The Phoenix pay system is a payroll processing system for Canadian federal government employees, provided by IBM in June 2011 using PeopleSoft software, and run by Public Services and Procurement Canada. The Public Service Pay Centre is located in Miramichi, New Brunswick. It was first introduced in 2009 as part of Prime Minister Stephen Harper ...
A 1970 stamp showing the coat of arms of Islands 1907 stamps showing King Edward VII.They were printed as five-shilling stamps, but then overstamped as one-penny stamps.. The Cayman Islands, a British Overseas Territory located in the western Caribbean Sea, came under British control in 1670, as a dependency of Jamaica, continuing in that status until 1962.
According to the CIA World Factbook, the Cayman Islands' real GDP per capita is the tenth highest in the world, but the CIA's data for Cayman dates to 2018 and is likely to be lower than present-day values. [70] The territory prints its own currency, the Cayman Islands dollar (KYD), which is pegged to the US dollar US$1.227 to 1 KYD. However ...