From left to right: Brendan Foley (Head Boy), Hon. Rolston Anglin, Darci Magennis (Head Girl), Mrs Sana Ahmad (Head of 6th Form)
Minister for Finance and Economic Development Hon. Rolston Anglin, was invited to Cayman Prep and High School recently to speak with Sixth Form students studying Economics, Accounting and Business Studies.
During his discussion with the A-Level students, Minister Anglin offered practical insights into the role of Government, the management of public finances and the career opportunities available in the Cayman Islands.
The Finance Minister explained the core responsibilities of the Ministry of Finance and Economic Development, including setting and monitoring the national budget, advising on fiscal policy, supporting economic planning and using data to help inform Government decision-making.
He told students that the Ministry’s role goes well beyond managing expenditure, and includes safeguarding the country’s long-term economic stability, supporting sustainable development and ensuring that Government has the revenues needed to fund essential public services.
“The Ministry of Finance and Economic Development sits at the centre of Government’s decision-making,” said Minister Anglin. “It is responsible not only for setting the budget and monitoring public finances, but also for helping to shape the broader economic framework that supports a stable, sustainable and well-managed Cayman Islands.”
Minister Anglin also discussed the importance of the Economics and Statistics Office in producing the data and analysis needed to support policy decisions, noting that economic indicators and quality of life data can help Government better understand community needs and target its responses more effectively.
He encouraged students to see the direct connection between the subjects they study in school and the real-world decisions taken by Government, including those relating to inflation, exchange rates, revenue generation, public expenditure and economic competitiveness.
A major focus of the discussion was the Cayman Islands’ financial services industry and its importance to the national economy. Minister Anglin highlighted the sector’s contribution to Government revenue and emphasised the wide range of career opportunities it creates for Caymanians.
“Financial services remains one of the most important pillars of our economy and continues to offer significant opportunities for Caymanians,” he said. “For young people with an interest in accounting, law, economics, business, technology or public policy, there are meaningful and rewarding career paths available right here in the Cayman Islands.”
Drawing on his own professional background as a Certified Public Accountant, Minister Anglin also spoke candidly about his personal journey and encouraged students to think carefully about their strengths, interests and long-term goals when considering their future studies and careers.
He noted that while Cayman offers many pathways to success, students should remain mindful of the structure of the local economy and the sectors in which demand is strongest.
Minister Anglin also underscored the Cayman Islands Government’s continued investment in education and training, including scholarships and opportunities for lifelong learning, describing these as essential to improving life choices and preparing Caymanians to thrive in a changing economy.
The visit formed part of the Ministry’s wider efforts to build greater awareness of how economics, public finance and policy shape everyday life in the Cayman Islands.
Minister Anglin thanked Cayman Prep and High School for the invitation and commended the students for their thoughtful participation throughout the session.
“I was encouraged by the quality of the questions and the level of engagement from the students,” he said. “It is important that young people understand how Government works, how the economy functions and how their own education can prepare them to contribute to Cayman’s future.”
06 Dec, 2023
14 Apr, 2025
14 Apr, 2025
09 Apr, 2025
Comments (0)
We appreciate your feedback. You can comment here with your pseudonym or real name. You can leave a comment with or without entering an email address. All comments will be reviewed before they are published.