Hashtag: #2014Budget

Shadow Finance Minister Responds To Budget

Shadow Finance Minister Responds To Budget

[Updated] The OBA overspent their budget by $45 million, increased the size of Government by 233 persons and increased travel spending by 48%, Shadow Finance Minister David Burt said today [Feb 21]. This comes after Minister of Finance Bob Richards delivered the 2014/15 Budget today, which said that the overall budget balance is projected to be a deficit... Read more of this article

Deloitte Releases 2014 ‘Budget Snapshot’

Deloitte Releases 2014 ‘Budget Snapshot’

Following the delivery of the 2014 Budget by Finance Minister Bob Richards this morning [Feb 21], Deloitte released a ‘Budget Snapshot’ which breaks down the main points in the budget in an easy to read format.  You can view our live blog covering today’s budget here and all our coverage of the budget here. Related... Read more of this article

Live Blog: Finance Minister Delivers 2014 Budget

Live Blog: Finance Minister Delivers 2014 Budget

Finance Minister Bob Richards is set to deliver the 2014 Budget in the House of Assembly this morning [Feb 21], which will set out the Government’s financials plans for the upcoming fiscal year. This will be the second budget devised by Minister Richards on behalf of the One Bermuda Alliance Government, who took control following their 19-17 victory... Read more of this article

Govt. Considering Outsourcing & Privatization

Govt. Considering Outsourcing & Privatization

During this morning’s [Feb 21] Budget statement, Minister of Finance Bob Richards said that Government is considering a number of departments for “mutualization, outsourcing, or privatization” including Airport Operations/Causeway, CITV, Waste Management, Parks Maintenance and more. This morning’s budget indicated that the... Read more of this article

Charts Only: 2014/2015 Bermuda Budget

Charts Only: 2014/2015 Bermuda Budget

For those seeking a quick visual view of the 2014 Budget delivered in the House of Assembly by Finance Minister Bob Richards this morning [Feb 21], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2013 Budget are here, the 2012 Budget are here, the 2011 Budget are here, and charts from the 2010 Budget are... Read more of this article

Full Document & Highlights: 2014/2015 Budget

Full Document & Highlights: 2014/2015 Budget

This morning [Feb 21] Finance Minister Bob Richards delivered the 2014 Budget in the House of Assembly, detailing the Government’s financial plans for the coming year. You can view our live blog of today’s events here, and the full budget statement below Some of the budget highlights:As of 31 March 2014, gross public debt will stand at $2.305... Read more of this article

Age Concern Bermuda Pre Budget Statement

Age Concern Bermuda Pre Budget Statement

In anticipation of tomorrow’s budget release Age Concern Bermuda said they are “very concerned about the effects of the upcoming budget on its constituency, seniors in Bermuda.” According to veteran community activist, Mr. Charles Jeffers, Chairperson of Age Concern’s Advocacy Committee, “at a time when many seniors are suffering from... Read more of this article

Shadow Finance Minister Pre Budget Statement

Shadow Finance Minister Pre Budget Statement

[Written by Shadow Finance Minister David Burt] Tomorrow the Minister of Finance will present his budget to the country. The PLP are waiting to hear a comprehensive plan that will lead to growth and diversification in our local economy. We also hope that he will bring forward sensible & balanced proposals for growth that we can support as we work... Read more of this article

Chamber Of Commerce 2014 Budget Wish List

Chamber Of Commerce 2014 Budget Wish List

Chamber of Commerce President Ronnie Viera, speaking on behalf of some divisions of the Chamber, highlighed the local business wish list for 2014 budget, which will be delivered by Finance Minister Bob Richards this coming Friday. “In general, it is our hope that a clear statement from the Finance Minister will be made on when Bermuda can expect to... Read more of this article