Comments on: Net Public Debt Up $184.9M In Fiscal 2019/20 https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/ Bermuda's #1 source for 24/7 breaking news, photos & videos Tue, 14 Apr 2026 15:09:26 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Toodle-oo https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/#comment-5448934 Fri, 26 Mar 2021 19:19:43 +0000 https://bernews.com/?p=1051013#comment-5448934 *Am I the only one who is concerned by this spending pattern?*

No , my guess is you’re in the approx 20 percentile (as of the last election).

]]> By: sandgrownan https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/#comment-5448908 Fri, 26 Mar 2021 18:01:20 +0000 https://bernews.com/?p=1051013#comment-5448908 Anyone who will lend it. This is what you get after 20+ years of PLP rule.

]]> By: sandgrownan https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/#comment-5448906 Fri, 26 Mar 2021 18:00:40 +0000 https://bernews.com/?p=1051013#comment-5448906 No.

But, I’ve been concerned since 1998 when The Dame and her group of misfits started spending like kids in a candy store. The writing was on the wall then. The “fiscal cliff” isn’t a new thing, it’s been talked about for years. For anyone with half a functioning synapse, the numbers simply didn’t add up.

But hey, 30-6 so everything is OK.

]]> By: Common Cents https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/#comment-5448874 Fri, 26 Mar 2021 16:24:41 +0000 https://bernews.com/?p=1051013#comment-5448874 Legalization of cannabis would install about a half billion dollars in the first year alone, easy. It is about time the pompous, uninformed ogligarchy step aside with their two cents, and let evolution occur for our island. Thousands of jobs for Bermudians. Grow licenses enabling Bermudians to earn great incomes to help support their family and elders and future generations. Reinvestment of the millions into expanding and enhancing our Tourism product. Bermuda would trump all other destinations. Millions of tourists would come per year, spending a thousand each approx. I predict a billion dollars within two years.

Common Cents

]]> By: Joe Bloggs https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/#comment-5448842 Fri, 26 Mar 2021 15:08:51 +0000 https://bernews.com/?p=1051013#comment-5448842 “I am disappointed to report that the Auditor General gave a qualified audit opinion on the 2019/20 annual accounts of the CF of the Government.”

In other words, the Auditor General is not satisfied that the accounts maintained by the Government of Bermuda truly reflect what has been going on.

“The all-inclusive results from the government operations [both current and capital] on an accounting accrual basis for the year ending 31 March 2020 were a deficit of $346.2 million, $222.8 million higher than the prior year’s deficit of $123.3 million.”

And that was before lockdown! Am I the only one who is concerned by this spending pattern?

]]> By: Inviolable Fox https://bernews.com/2021/03/net-public-debt-up-184-9m-in-fiscal-201920/#comment-5448835 Fri, 26 Mar 2021 14:49:43 +0000 https://bernews.com/?p=1051013#comment-5448835 Who are we in debt to concerning that amount of money?

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