Comments on: Public Feedback Open On Pre-Budget Report https://bernews.com/2026/01/public-feedback-open-pre-budget-report/ Bermuda's #1 source for 24/7 breaking news, photos & videos Fri, 10 Apr 2026 18:37:28 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Triangle Drifter https://bernews.com/2026/01/public-feedback-open-pre-budget-report/#comment-6000794 Wed, 14 Jan 2026 14:40:20 +0000 https://bernews.com/?p=1541053#comment-6000794 The lack of response is a clear indicator of how little faith that the public has in anything the Finance Ministry has to say.

]]> By: Joe Bloggs https://bernews.com/2026/01/public-feedback-open-pre-budget-report/#comment-6000780 Wed, 14 Jan 2026 11:05:42 +0000 https://bernews.com/?p=1541053#comment-6000780 For those who read beyond the fiction of “a national debt of $3.2 billion”, consider the following in light of the significantly understated national debt:

The budget deficit on a general government basis is set to narrow a little in 2025, though at 7.5% it remains very large;

Monetary policy needs to strike a delicate balance between responding to the softening of labour market conditions and addressing persistent above-target inflation;

Inflation has averaged below 2.0% over the last 12 months (our “above-target inflation” is again reported by the PLP Government as being lower than that of the U.S., U.K., and Canada);

The External Balance on Goods and Services decreased by 0.5%.

The report also recognises the U.S. as Bermuda’s largest trading partner.

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