TNAG-0835-FCO40-1043-Foreign-and-Commonwealth-Office-seminar-on-the-future-of-Bri-1979 — Page 17

CAYMAN ISLANDS

1.

Size

100 square miles

2.

Population

14,800

3.

ANNEX, 4

Present constitutional position: "member" system Executive Council with both elected and nominated members. elected Legislative Assembly.

10, BAO

Budget expenditure (1978): £2,405,000

4.

5.

-

UK aid budgetary

nil

Mainly

total aid per capita £22 (including project)

6.

Main activities and sources of income:

7.

Tourism

Offshore finance

Prospects: economically self-supporting;

development aid

will cease next year; strong opposition to independence, probably influenced by proximity to Cuba.