Hashtag: #2019Budget

Column: ‘This Is The Real Impact Of The Budget’

Column: ‘This Is The Real Impact Of The Budget’

[Opinion column written by Shadow Minister of National Security Ben Smith] Bermuda has a growing proportion of the population close to being underwater in this economy and with increases in the cost of living coupled with more taxes, I fear that some will find themselves sinking. The increase in land tax is one area of concern. Those with the two lowest... Read more of this article

Column: ‘The PLP Is A Tax And Spend Party’

Column: ‘The PLP Is A Tax And Spend Party’

[Opinion column written by OBA Shadow Finance Minister Nick Kempe] The Government had a number of choices by which it could balance this year’s budget, mainly raise taxes or reduce spending. The PLP bristles at the “tax and spend” moniker, but that is exactly what they have done since they became the Government in 2017. If you ignore the Sinking... Read more of this article

Charts Only: Opposition’s 2019 Budget Reply

Charts Only: Opposition’s 2019 Budget Reply

For those seeking a quick visual view of the Opposition’s official response to the 2019 Budget, which was delivered in the House of Assembly by OBA’s Finance spokesperson in the House Patricia Gordon-Pamplin today [March 1], the charts extracted from the Budget Reply are below. You can view the complete Reply to the Budget here, and view all... Read more of this article

Opposition Deliver Reply To The 2019/20 Budget

Opposition Deliver Reply To The 2019/20 Budget

“Immigration could become Bermuda’s Brexit – causing uncertainty in business and splitting a country unless a strong leader emerges to tackle the issue and unite divided sides.” That was one of the key messages in the One Bermuda Alliance Reply to the Budget, which also highlighted the “gross mismanagement of the economy by the... Read more of this article

Column: MP Scott Simmons On The 2019 Budget

Column: MP Scott Simmons On The 2019 Budget

[Opinion column written by MP Scott Simmons] The Bermuda Progressive Labour Party via the Minister of Finance has expressed the belief that the National Budget must reflect not just the times in which we live but must also reflect our core values; Protecting the vulnerable, expanding opportunity, employing the unemployed, preparing our children for... Read more of this article

Video: Bernews Post Budget Discussion

Video: Bernews Post Budget Discussion

Bernews will be hosting a ‘Post-Budget Panel Discussion at around noon today [Feb 26] with economist Craig Simmons, Cordell Riley, and Cheryl Packwood set to discuss the 2019/20 budget, with the three experts set to discuss aspects of the budget which was delivered last Friday.The trio will be discussing the budget with journalist Don Burgess, and... Read more of this article

Video: Premier & Finance Minister On Budget

Video: Premier & Finance Minister On Budget

Premier David Burt and Minister of Finance Curtis Dickinson are holding a post Budget press briefing this morning [Feb 25]. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 14-minute replay is below Related StoriesVideo: Finance Minister On Pre-Budget... Read more of this article

PLP: ‘First Budget Surplus In Seventeen Years’

PLP: ‘First Budget Surplus In Seventeen Years’

The Government announced the first budget surplus in 17 years, and pledged to give mortgage relief, support scholarships, increase investment in social programs and more, the PLP said. A PLP spokesperson said, “The Government announced the first Budget Surplus in 17 years, that Bermuda’s National Debt will fall this year for the first time since... Read more of this article

OBA: ‘Budget Will Increase The Cost Of Living’

OBA: ‘Budget Will Increase The Cost Of Living’

“Virtually everything done in the Budget today targets the local market and will leave Bermudians worse off,” according to Opposition Leader Craig Cannonier. Mr Cannonier said, “The foreign currency purchase tax will be inflationary, putting up prices for Bermudians as almost everything is imported and paid for in foreign currency. This... Read more of this article

Charts Only: 2019-2020 Bermuda Budget

Charts Only: 2019-2020 Bermuda Budget

For those seeking a quick visual view of the 2019 Budget delivered in the House of Assembly by Minister of Finance Curtis Dickinson this morning [Feb 22], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2018 Budget are here, 2017 Budget are here, the 2016 Budget are here, the 2015 Budget are here, 2014 Budget... Read more of this article

Deloitte Release 2019/20 ‘Budget Snapshot’

Deloitte Release 2019/20 ‘Budget Snapshot’

Following the delivery of the 2019 Budget by Minister of Finance Curtis Dickinson this morning [Feb 22] in the House of Assembly, Deloitte released a ‘Budget Snapshot’, which highlights some of the key points from the Budget Speech, and follows in full below. You can click here to view our live blog, and click here to view all our coverage of the... Read more of this article

Chamber Of Commerce Response To Budget

Chamber Of Commerce Response To Budget

“Growing the economy is job number one and we applaud the Minister for presenting a 2019-2020 Budget that seems to steer clear of stalling the economy by increasing taxes on many businesses,” President of the Chamber of Commerce John Wight said following this morning’s [Feb 22] budget. Mr Wight said, “The Minister of Finance has delivered... Read more of this article

Full Document: 2019/2020 Budget Speech

Full Document: 2019/2020 Budget Speech

This morning [Feb 22], Minister of Finance Curtis Dickinson delivered the 2019 Budget in the House of Assembly, which details Government’s financial plans for the upcoming fiscal year. A copy of the full Budget statement is below, you can view our live blog on the Budget here, all our coverage of the 2019 Budget here, and the full speech is below. The... Read more of this article