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FCO is prepared to force FFR into law in Cayman Islands
(Cayman News Service)- The Foreign and Commonwealth Office is prepared to force the Framework for Fiscal Responsibility into local legislation if the Cayman Islands Government fails to live up to the commitment it made following the budget approval from London in August.
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Confrontation not between UK Government & Territories- Colley
ROAD TOWN, Tortola, VI- Foreign and Commonwealth Office’s Deputy Director of the Overseas Territories, Tim Colley, said the constraints that Governments in the Overseas Territories face are being set by the financial markets and the Framework for Fiscal Responsibility being proposed by the United Kingdom is to help those Territories deal with those challenges.
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