Hashtag: #2018Budget
Chamber: Initial Views On Budget Are Positive
“The Chamber’s initial views on the 2018/2019 Budget are positive,” President of the Chamber of Commerce John Wight said following this morning’s [Feb 16] budget, adding they “felt that it was thoughtfully prepared and well balanced, focusing on job growth and diversifying the economy while at the same time being mindful of the... Read more of this article
PwC Release 2018 Budget Highlight Summary
Following the delivery of the 2018/19 Budget this morning [Feb 16] by Premier and Minister of Finance David Burt, PwC Bermuda released a highlight summary sheet. “This budget has a clear focus on growth and job creation, with new incentives for entrepreneurs and job repatriation, and decreased payroll tax for the lower paid and those with... Read more of this article
Deloitte Release 2018/19 ‘Budget Snapshot’
Following the delivery of the 2018 Budget by Premier and Minister of Finance David Burt this morning [Feb 16] in the House of Assembly, Deloitte released a ‘Budget Snapshot’, which highlights some of the key points from the Budget Speech, and follows in full below. You can click here to view our live blog, and click here to view all our coverage... Read more of this article
Live Updates & Video: Premier Delivers Budget
[Updating] Premier and Minister of Finance David Burt is set to deliver the 2018 Budget in the House of Assembly this morning [Feb 16], which will set out the Government’s financial plans for the upcoming fiscal year. Live video of the Budget courtesy of Govt television channel CITV: This budget will be the first Budget delivered by the PLP Government... Read more of this article
Full Document, Video & Highlights: 2018 Budget
Increasing access to capital for Bermudians by reforming the 60/40 rule to one that only requires 40% Bermudian ownership and adjusting payroll tax employee rate to provide tax reductions to those earning less than $96,000 were two of the initiatives unveiled as Premier and Minister of Finance David Burt delivered the 2018 Budget in the House of Assembly... Read more of this article
Charts Only: 2018-2019 Bermuda Budget
For those seeking a quick visual view of the 2018 Budget delivered in the House of Assembly by Premier and Minister of Finance David Burt this morning [Feb 16], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2017 Budget are here, the 2016 Budget are here, the 2015 Budget are here, 2014 Budget are here,... Read more of this article
Greenrock Comments On Upcoming Budget
Greenrock has outlined its hopes for today’s budget, highlighting a number of things that they would like to see included. A spokesperson said, “One thing we are hoping to see is increased support for environmental education in the school system, which we think is very important for supporting STEAM learning. Additionally, we know that through... Read more of this article
Teachers Union Hoping For Boost In Budget
Teachers are buying basic school necessities out of their own pockets, according to the Bermuda Union of Teachers which is hoping for a boost in education spending in this year’s budget. The Teachers Union’s statement comes in advance of the 2018/19 Budget, which will be delivered by Premier and Minister of Finance David Burt this Friday... Read more of this article
Video: Population, 60/40 & Economic Growth
Do we need a higher population and should we lift the 60/40 rule to spur economic growth? Those were two of the topics discussed as Bermuda College Economics Senior Lecturer Craig Simmons, Chamber of Commerce President John Wight, and former Business Bermuda CEO Cheryl Packwood recently sat down with Bernews for a panel discussion for the upcoming 2018/19... Read more of this article
Video: ‘Debt Is Our Biggest Internal Pressure’
Bermuda’s national debt — which currently stands at approximately $2.5 billion — is the biggest internal pressure we face, according to three local experts. Bermuda College Economics Senior Lecturer Craig Simmons, Chamber of Commerce President John Wight, and former Business Bermuda CEO Cheryl Packwood recently sat down with Bernews... Read more of this article
Opposition Leader’s Response To Pre-Budget
“As the Premier brings forward the first budget under the new PLP government it must be noted that the OBA has left the Bermuda economy on solid financial footing,” Opposition Leader Jeanne Atherden said this evening. Ms Atherden’s statement comes in advance of the 2018/19 Budget, which will be delivered by Premier and Minister of... Read more of this article
One Hour Video: Pre-Budget Panel Discussion
[Updated] Bernews will be live streaming a panel discussion with Bermuda College Economics Senior Lecturer Craig Simmons, Chamber of Commerce President John Wight, and former Business Bermuda CEO Cheryl Packwood today [Feb 12], where the trio will discuss the upcoming 2018/19 budget, which is set to be delivered this Friday. This budget will be the... Read more of this article
