Finance Minister: Estimated Savings Of $20M

February 28, 2021 | 11 Comments

“In fiscal year 2021/22 I have determined to defund any vacant post unless the funding for it has been allocated in support of delivering a service or active recruitment for the post is underway” which “results in estimated savings to the public purse of approximately $20.0 million.”

This was stated in the 2021/22 Bermuda Budget, with Finance Minister Curtis Dickinson saying, “To properly manage and allocate public finances in support of the Government’s mandate, the Public Service must be the right mix of human resources, programmes and prudent spending.

“Achieving this is no easy task, but in this coming fiscal year, we will renew the effort. Therefore, in fiscal year 2021/22 I have determined to defund any vacant post unless the funding for it has been allocated in support of delivering a service or active recruitment for the post is underway.

“This results in estimated savings to the public purse of approximately $20.0 million. This will mean that the Public Service will trim its sails to meet the actual tasks required, managing public expectations accordingly, and the funding that remains will be put to better use achieving greater value for money.

“Budget processes will require policy prioritisation at the start to facilitate a better alignment of the allocation of limited resources with the Government’s overall policy initiatives and objectives.”

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Comments (11)

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  1. Sandgrownan says:

    About bloody time, only 14 years too late. We all know the CS is over staffed and bloated way beyond our needs.

    Need also to make the CD accountable, performance based remuneration. The good Minister, is that with a handful of exceptions, the public already has low expectations of service.

    • Ja says:

      Shouldn’t you be busy trying to help the circus you voted for get more seats and surrogates? 6 vs 30 seats is really pathetic OBA Troll.

      • truthertz says:

        He might be a troll to you. But his comment above is absolutely correct.

      • sandgrownan says:

        $5bn. That’s what our children have to find. You voted for that.

        Idiot.

  2. Joe Bloggs says:

    “To properly manage and allocate public finances in support of the Government’s mandate, the Public Service must be the right mix of human resources, programmes and prudent spending.”

    Very nice. But what is “the Government’s mandate”? To provide a job for every unemployed Bermudian who wants a Government job?

  3. Ringmaster says:

    More creative accounting to make it look as if the tax payers are benefitting. The $20m is not savings, it was a budgeted future expense, needing more debt to pay it, not an actual expense that has been reduced.

  4. haha says:

    Would be $185 mill plus if the Bermuda voters didn’t have to pay $20 mill a year for the so called free Airport…….. and the Morgans Point Hotel… which the obaUBP…..back from the dead party signed us up for. :)

    • saud says:

      LOL, you plp put us $5 BILLION in debt…and you’re worried about an airport? Idiot.

  5. aceboy says:

    So what happened to all the money that “funded” the vacant posts?

    • sandgrownan says:

      There isn’t any, we’re broke. We spend more than we make and we have the millstone of massive debt.

      So, we now spend, presumably, $20m less. We still spend more than we make. But here’s the thing, anyone with a functioning brain cell has known since 2001 that we needed to trim the CS. It was, it is, and always has been unsustainable. THe PLP clowns have finally figured it out. Idiots.

      • Joe Bloggs says:

        It’s worse than “we’re broke”. We stopped paying into the sinking fund some years ago. Our Finance Minister said we needed that money to fund current expenses.

        That means we will not have the money we need to pay down on the capital when our debts fall due. For a person that would mean bankruptcy.

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