Comments on: Finance Minister: “We Will Fund New Projects”

By: Joe Bloggs

Joe Bloggs — Fri, 04 Sep 2020 10:08:23 +0000

“Although our COVID–19 Pandemic – Fiscal Plan originally called for a delay in some capital projects that have not commenced, we have revised our approach to not only support essential capital projects that must continue, but to support additional projects.”

Minister, you are part of a government that is likely at least $5 Billion in debt (you will not tell us the true extent of our debt) and you govern over 60,000 people. You cannot continue to borrow and spend. Lack of sound fiscal policy is what got us into the debt we are now in.

By: wahoo

wahoo — Thu, 03 Sep 2020 22:37:30 +0000

Running out of ideas but that’s okay because 52% don’t know what you are talking about. How are we going to pay for any of this c4@p? I hope you sleep at night but I sure can’t. Fishing cooperative? Repairing this and fixing that, creating this and refurbishing that? All hinged on the “expected return” of the cruise industry next year. You have to be kidding me right?

Please be honest with the plp voters for once in your life we have been waiting for tomoorow for 20 years now. There is no system that is out to get them only greedy politicians with no clue what they are doing.

Be honest with them please. Tell them that we need foreign investment and that foreigners are genuinely good people who contribute immensely to our government payroll. Stop being an agent of hate and distrust only for your own benefit.

By: QFF

QFF — Thu, 03 Sep 2020 21:27:52 +0000

I expected better from MOF. Funding capital projects with minimum I
Impact to sustainable growth is politics.

Now the assumption the debt ceiling would last 3 years is questionable with numbers all over the place.

Congrats Dickinson. You legacy is being solidified and the band plays on as the ship sinks.

By: Ringmaster

Ringmaster — Thu, 03 Sep 2020 21:09:46 +0000

Reduce the electricity bill? That means less Bermudians working at Belco.

The list of projects are all Government related – why isn’t W & E doing these? We (the taxpayer) are already paying these workers so why spend money on outside companies to do what W & E can do? No wonder debt is increasing. Proof that privatization is the answer.

Urgent projects are the 2 bridges into the airport and St Georges, but no mention of those.