Hashtag: #2022Budget
OBA: Little Time To Ask Questions In Debate
“During a two-hour session on the Ministry of Finance, the Government Senator only left a few short minutes for me to ask questions on the brief,” Opposition Senator Dr Douglas De Couto said, while his fellow OBA Senator Ben Smith said “Legal affairs continued the same government plan to read for most of the session leaving little... Read more of this article
Video: Minister David Burch Press Conference
[Updated] Minister of Public Works Lt/Col David Burch will be holding a press conference at 12.30pm this afternoon [March 16] regarding the 2022/23 Budget. Will have additional coverage later on and in the meantime the live video should start at around 12.30pm. Update: The live broadcast has concluded and the 12-minute replay is below Update 1.40pm:... Read more of this article
Ministry of Education Budget: $135.25 Million
“The Ministry of Education has been allocated a budget of $135.25 million, representing an increase of $7.2 million compared with last year’s budget,” Minister of Education Diallo Rabain said. Minister Rabain said, “Today, I would like to share the Ministry of Education’s 2022/23 Budget highlights. “The Ministry of Education provides... Read more of this article
Economy & Labour Ministry Budget: $73,937,000
“The newly created Ministry of Economy and Labour has received an estimated budget allocation of $73,937,000,” Minister of Economy and Labour Jason Hayward said. Minister Hayward said, “The Ministry of Economy and Labour is instrumental to the future wellbeing of our country, and I am proud of the work we have accomplished over the last twelve... Read more of this article
Ministry Of Transport Budget: $72.037 Million
“The Ministry of Transport has been allocated a budget of $72.037 million,” Minister of Transport Lawrence Scott said, adding that they budgeted to “purchase up to 15 additional electric buses and to complete the long- term bus charging infrastructure.” Minister Scott said, “The Ministry of Transport strives to provide... Read more of this article
Minister Tinee Furbert On 2022/23 Ministry Budget
The Ministry of Social Development and Seniors has a “slight increase in our budget from $24.2 million to $ 24.59 million,” Minister of Social Development and Seniors Tinee Furbert said today. Minister Furbert said, “I am pleased today to provide an overview of the Budget 2022/23 for the Ministry of Social Development and Seniors. “For... Read more of this article
Bermuda Day Parade To Return In 2022
“After a two-year absence, our signature annual event, the Bermuda Day Parade will return on Friday 27th May 2022,” Minister of Youth, Culture and Sport Dr. Ernest Peets said, adding that “Bermuda can expect to see the signature floats, drum bands, majorettes, dance groups, music trucks and of course our celebrated Gombeys.” This... Read more of this article
Video: OBA Deliver Budget Reply
[Updated] One Bermuda Alliance [OBA] Leader Cole Simons is set to deliver the Opposition’s Reply to the Budget in the House of Assembly today [March 4], responding to the 2022/2023 Budget delivered by Premier and Minister of Finance David Burt last week. Update: The live broadcast has concluded and the replay is below Update: The full Reply to the... Read more of this article
Ministry Of Health 2022/23 Budget: $194,500,012
The Ministry of Health’s budget for the 2022/23 financial year is $194,500,012, Minister of Health Kim Wilson said. Minister Kim Wilson said, “Today, I am pleased to provide highlights of the 2022/2023 Budget Allocation for the Ministry of Health. “The Ministry comprises four departments: the Ministry of Health Headquarters, which... Read more of this article
Video: BNV Panel Discussion On Budget
Craig Simmons, Cheryl Packwood, and Cordell Riley will be joining Bernews at 8.00pm this evening [March 3] for the latest episode in the Bernews News & Views series, with the trio set to discuss 2022 Budget, the economy and more. All three are very well known locally and experts in their fields; Cordell Riley is the Institutional Researcher at... Read more of this article
Video: Premier Hosts Press Conference
[Updated] Premier and Minister of Finance David Burt will be holding a press conference at 12.30pm this afternoon [March 1], and we will have additional coverage once it concludes, and in the meantime the live video will begin this afternoon. The press conference is a ‘post budget’ press conference and it was originally scheduled to be an... Read more of this article
‘Declining Population Increases Cost Of Living’
We “have a demographic challenge in Bermuda” and “if we do not reverse these trends, it will lead to economic disaster for Bermuda,” Premier and Minister of Finance David Burt said, adding that a declining population increases the cost of living, an ageing population increases the cost of healthcare and a shrinking workforce... Read more of this article
Payroll Tax Concessions & New Hire Extended
The payroll tax concessions for hotels, restaurants, bars and nightclubs will be extended for at least another six months and the ‘New Hire Relief’ will be extended for a further two years. Extension of Payroll Tax Concessions for Hotel & Restaurant Industry In delivering the 2022 Budget, Premier David Burt said, “Mr. Speaker, since... Read more of this article
OBA: “This Was Not A Responsible Budget”
“This was not a responsible Budget. Instead, it felt like a political one — an election budget.” One Bermuda Alliance [OBA] Leader Cole Simons today. Mr Simons said, “Residents of Bermuda have all been waiting to hear the 2022/2023 Budget with anticipation. “It’s no secret that many are struggling to make ends meet. It... Read more of this article
PwC Release 2022 Budget Highlight Summary
Following the delivery of the 2022/23 Budget this morning [Feb 25] by Premier and Minister of Finance David Burt, PwC Bermuda released a highlight summary sheet. View all our coverage of the 2022 Budget here and our live blog here. The summary below was provided by PwC: Related Stories ‘Declining Population Increases Cost Of Living’ Car... Read more of this article
Deloitte Release 2022/23 ‘Budget Snapshot’
Following the delivery of the 2022 Budget by Premier and Minister of Finance David Burt this morning [Feb 25] 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
