Government slashes recruitment

October 30th, 2008

The Cayman Island Government is to slash recruitment in a bid to minimise the effect of the global economic slowdown on the economy.

The government has asked its chief officers to refrain from hiring new staff and reduce their approved expenditure by 6 percent for the 2008/09 fiscal year. The move comes as a result of forecasts that government income for the year will be CI$15 million less than budgeted.

The directive applies to all public bodies and government-owned companies, but will not apply to essential personnel such as police and medical staff.

Tags: , ,

Leave a Reply

Rum Point

Rum PointÂ