Hashtag: #2017Budget
Column: ‘Three Big Values Anchor The Budget’
[Opinion column written by Premier Michael Dunkley] The Government passed its ‘Safe Hands’ Budget in late March, laying down ways and means money will be earned and spent over the next year. Legislators debated the Budget for over 100 hours, which tells you our system of democratic scrutiny is alive and well. Before moving on with our busy lives,... Read more of this article
Walter Roban On Budget For Police Officers
[Updated with video] “Do not be fooled by announcements” that the “budget has been increased to allow for the hiring of new police officers,” as the officers due to be hired are filling vacancies “left unfilled for years because of OBA budget cuts,” Shadow Minister of National Security Walter Roban said, adding that... Read more of this article
National Security Ministry 2017 Budget Briefs
National Security Minister Jeff Baron delivered the Ministry Budget Briefs in the Senate earlier today [March 22], and the Budget Briefs for the various departments within the Ministry are below. In discussing the budget for the Bermuda Police Service, the Minister said, “The staffing level in the BPS has dipped below 400 officers for the first... Read more of this article
Column: ‘People’s Budget Sets Right Priorities’
[Opinion column written by Shadow Finance Minister David Burt] To serve as the Opposition Leader of Bermuda is an honour. I would like to emphasise the word “serve”. To the voters who elected me: I serve you. To those who didn’t: I serve you. All my Parliamentary colleagues will always be mindful of who they serve: the people. It is the People’s... Read more of this article
Video: Interview With Finance Minister On Budget
Finance Minister Bob Richards sat down with Bernews today for a live interview on our Facebook page, where he discussed the 2017 Budget. Speaking with guest interviewer Jeremy Deacon, Minister Richards spoke about various aspects of the Budget, including the national debt, the reaction to the Budget, payroll tax and more. If you want to listen ‘on... Read more of this article
Live Updates: Opposition Reply To The Budget
[Updating] Opposition Leader and Shadow Minister of Finance David Burt is set to deliver the Progressive Labour Party’s Reply to the Budget in the House of Assembly today [March 3], responding to the 2017/2018 Budget delivered by Minister of Finance Bob Richards last week. We will provide updates as able below. Your screen will automatically refresh... Read more of this article
Full Text: PLP’s Reply To 2017-2018 Budget
Shadow Finance Minister David Burt delivered the Progressive Labour Party’s official response to the 2017 Budget in the House of Assembly today [March 3], and extracts, as well as the full speech, are posted below. Minister Of Finance Delivered An “Election Budget” Last week the Minister of Finance delivered an election budget…a... Read more of this article
Charts Only: Opposition’s 2017 Budget Reply
For those seeking a quick visual view of the Progressive Labour Party’s official response to the 2017 Budget, which was delivered in the House of Assembly by Shadow Finance Minister David Burt today [March 3], the charts extracted from the Reply are below. You can view our live updates of the Budget Reply here, the complete Reply to the Budget here,... Read more of this article
Video: Minister On Tourism, Transport & Budget
Tourism, Transport and Municipalities Minister Michael Fahy held a press conference today to provide an overview on his Ministry’s budget and initiatives taking place in Departments within the Ministry. Minister Fahy said, “Government policy of creating a business climate to attract inward investment is resulting in Bermuda’s rise among the... Read more of this article
Minister Of Health: Budget Will Be Cut By 13%
“Because of our country’s debt and the burden of servicing that debt, we’ve had to be very disciplined about allocating funds,” Minister of Health & Seniors Jeanne Atherden, adding that, “as of April 1st, this Ministry’s budget will be cut by 13%, or $23.6 million.” Minister Atherden said, “You will all be aware... Read more of this article
Budget Is ‘Unsustainable And Unimaginative’
The budget is “unsustainable and unimaginative” and there are “lost opportunities for positive returns in renewable energy and encouraging a shift to electric or hybrid private vehicles,” Greenrock said. The environmental group said, “From a Greenrock perspective there’s very little to comment on regarding Budget 2017... Read more of this article
BPSU Response To 2017/2018 Bermuda Budget
The current Budget is a “welcomed deviation from the status quo fiscal policies that we have seen in past budgets,” the Bermuda Public Services Union said, adding that the “2017/18 budget reflects the reality that the tax burden has not been equally shared in Bermuda for many years.” Finance Minister Delivers Budget Introducing... Read more of this article
KPMG Responds To 2017/18 Bermuda Budget
“Increasing taxes will help to balance the budget and should see Bermuda’s debt start to reduce in a few years, but there is more to be done in reforming the public sector,” KPMG said, adding that “increasing the cost of doing business in Bermuda may result in businesses moving their staff to lower cost jurisdictions.” Finance... Read more of this article
Premier: Budget Supports, Addresses Challenges
“We have worked hard to ensure this year’s Budget addressed our serious external challenges, while making sure that the people we serve here at home – our fellow Bermudians – are properly supported and cared for,” Premier Michael Dunkley said today. Speaking on the 2017 Budget, the Premier said, “I am particularly proud of our... Read more of this article
Minister: Trump, UK, Taxes & Impact On Bermuda
While delivering the 2017 Budget, Finance Minister Bob Richards addressed some of the developments taking place around the world and their possible impact on Bermuda, saying it is “part of the current international reality impacting and threatening the standard of living of all Bermudians” as the “risks to our international business... Read more of this article
Chamber: Initial Views On Budget Are “Mixed”
“Our initial views are mixed,” Chamber of Commerce President John Wight said following today’s Budget, as “increased company payroll taxes and rolled-back tax concessions to restaurants and retailers mean that these businesses will have no choice but to pass on these costs to consumers, or reduce their workforce.” “In... Read more of this article
