A visit by Cayman Islands’ finance minister to a local classroom offered students a firsthand look at how government decisions shape the economy and their future careers.
Rolston Anglin met with sixth form students at Cayman Prep and High School, speaking to those studying economics, accounting and business studies about public finance and national economic policy.
During the session, he outlined the central role of the Ministry of Finance and Economic Development, explaining that its responsibilities extend well beyond managing government spending, according to a government press release.
The ministry, he said, is tasked with setting and monitoring the national budget, guiding fiscal policy, supporting long-term economic planning and ensuring the country maintains financial stability.
“The Ministry of Finance and Economic Development sits at the centre of government’s decision-making,” Anglin told students, noting its role in shaping a “stable, sustainable and well-managed Cayman Islands”.
He also highlighted the work of the Economics and Statistics Office, emphasising the importance of reliable data in policymaking.
Economic indicators and quality-of-life data, he explained, help government better understand community needs and respond 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 key focus of the discussion was the financial services sector, which Anglin described as a cornerstone of the Cayman Islands economy.
He pointed to the industry’s significant contribution to government revenue and the wide range of career paths it offers.
“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,” he said.
Drawing on his own experience as a certified public accountant, Anglin urged students to think carefully about their strengths and long-term goals, while also considering the structure of the local economy and areas of high demand.
He also underscored government investment in education, including scholarships and training opportunities, describing these as critical to preparing Caymanians for a changing economic landscape.
Anglin said he was encouraged by the quality of the questions and the level of engagement from the students.
“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,” he added.
