Hashtag: #2023Budget

New Government Fiscal Year Now Underway

New Government Fiscal Year Now Underway

The start of the Government’s new fiscal year was on April 1, and “residents will see the execution of initiatives as outlined in the Budget Statement.” A Government spokesperson said, “April 1 signaled the start of Government’s new fiscal year. “And with the passage of the 2023/24 Budget in House of Assembly, residents... Read more of this article

Premier & Minister To Meet With Age Concern

Premier & Minister To Meet With Age Concern

Premier and Minister of Finance David Burt and Minister for Social Development and Seniors Tinee Furbert will meet with members of Age Concern on March 16 “on matters specific to our seniors.” A Government spokesperson said, “As part of the Government’s continued outreach regarding the 2023/24 Budget, Premier and Minister of Finance... Read more of this article

Video: Minister Weeks Press Conference

Video: Minister Weeks Press Conference

[Updated] Minister of National Security Michael Weeks will be holding a press conference at 11.00am this morning [March 9] to “discuss his Ministry’s budget initiatives.” The live video should start at around 11.00am, and in the meantime, you can view all our coverage of the 2023 Budget here. Update: The live broadcast has concluded and the... Read more of this article

Video: OBA On Immigration/Economic Budget

Video: OBA On Immigration/Economic Budget

Deputy Leader of the Opposition and Shadow Minister of Labour Jarion Richardson released a video response to Bermuda’s Department of Immigration and Economic Development Budget 2023/24, saying “there seems to be a lack of coherence across the entire project.” You can watch the video below and view all our coverage of the 2023 Budget... Read more of this article

Video: OBA MPs Dunkley & Jackson

Video: OBA MPs Dunkley & Jackson

Shadow Minister of National Security & Health Michael Dunkley and Shadow Minister of Social Development & Seniors Susan Jackson are holding a joint press conference this morning [March 2] regarding the 2023/24 Budget. You can watch the live video below and view all our coverage of the 2023 Budget here. Update: The live broadcast has concluded... Read more of this article

Video: Minister Vance Campbell On Budget

Video: Minister Vance Campbell On Budget

[Updated] Minister of Tourism and the Cabinet Office Vance Campbell is holding a press conference this morning [March 1] to “discuss his Ministry’s budget initiatives.” You can watch the live video below and view all our coverage of the 2023 Budget here. Update: The live broadcast has concluded and the replay is below Update 1.50pm: Minister... Read more of this article

PLP Comments On OBA’s ‘Sudden Reversal’

PLP Comments On OBA’s ‘Sudden Reversal’

“The sudden reversal of the OBA Leader, who now says he no longer supports the economic policy printed in his own Budget Reply, is surprising – but is not unexpected given how economically damaging those proposals would be,” Junior Minister for Labour, Finance and Health Senator Arianna Hodgson said. Background The OBA released their Reply... Read more of this article

Video: OBA MPs Scott Pearman, Craig Cannonier

Video: OBA MPs Scott Pearman, Craig Cannonier

[Updated] Shadow Minister of Legal Affairs Scott Pearman and Shadow Minister for Works & Engineering Craig Cannonier are holding a joint press conference this afternoon [Feb 28] regarding the 2023/24 Budget. You can watch the live video below and view all our coverage of the 2023 Budget here. Update: The live broadcast has ended, and the video... Read more of this article

OBA Leader: ‘It Was An Error & I Apologise’

OBA Leader: ‘It Was An Error & I Apologise’

[Updated] Noting that during the Budget reply he said the OBA would reintroduce the TA fee and examine a VAT tax on healthcare services, OBA Leader Cole Simons said he “did not adequately consult with or vet these suggestions with our caucus – our Parliamentary representatives and candidates” and “it was an error in judgement for... Read more of this article

Video: Minister Rabain & Minister Furbert

Video: Minister Rabain & Minister Furbert

[Updated] Minister of Education Diallo Rabain and Minister of Social Development and Seniors Tinee Furbert are holding a press conference this morning [Feb 27] “to discuss their Ministry’s budget initiatives.” You can watch the live video below and view all our coverage of the 2023 Budget here. Update: The live broadcast has concluded and the... Read more of this article

KPMG Releases 2023/24 Budget Snapshot

KPMG Releases 2023/24 Budget Snapshot

KPMG in Bermuda provided a “Budget Snapshot and its perspective on key items discussed in the Budget Statement.” A spokesperson said, “Premier David Burt presented the 2023/24 budget on Friday, February 17, 2023. The budget speech highlighted the Government’s goal of achieving balanced and sustainable economic growth for Bermuda.... Read more of this article

Videos: OBA Response To The 2023 Budget

Videos: OBA Response To The 2023 Budget

[Updated] “Every man, woman and child living in Bermuda at the end of January 2023, is responsible for repaying approximately $50,251.00, of Bermuda’s National Debt of $3.14 billion dollars,” OBA Leader Cole Simons said today, adding that “Bermuda needs a recovery plan that is realistic, workable and addresses Bermuda’s fiscal... Read more of this article

Video: Minister Roban & Minister Darrell

Video: Minister Roban & Minister Darrell

[Updated] Deputy Premier and Minister of Home Affairs Walter Roban and Minister of Youth, Culture and Sport Owen Darrell are holding a joint press conference this afternoon [Feb 23] to “discuss their Ministry’s budget initiatives.” You can watch the live video below and view all our coverage of the 2023 Budget here. Update: The live broadcast... Read more of this article

$700,000 For Mangrove Bay Health Clinic

$700,000 For Mangrove Bay Health Clinic

$700,000 of capital funding is provided for the “Mangrove Bay Clinic renovation” which “will provide high-quality healthcare services for the community in the island’s west end” and “preparation will be undertaken in 2023/24 so that construction can commence early in 2024/25,” Minister of Health Kim Wilson said. Speaking... Read more of this article

Health Minister: $155M In Funding For Hospital

Health Minister: $155M In Funding For Hospital

The budget for the 2023/2024 financial year includes $155,158,762 in funding for the King Edward VII Memorial Hospital and Mid-Atlantic Wellness Institute, Minister of Health Kim Wilson said. Speaking at today’s [Feb 22] press conference, Minister Wilson said, “The budget of one hundred and ninety-nine million, two hundred and forty thousand, one... Read more of this article

Video: Minister Wilson & Minister Furbert

Video: Minister Wilson & Minister Furbert

[Updated] Minister of Health Kim Wilson and Minister of Transport Wayne Furbert are holding a joint press conference this afternoon [Feb 22] to “discuss their Ministry’s budget initiatives.” You can watch the video below  and view all our coverage of the 2023 Budget here. Update: The live broadcast has concluded and the replay is below Update... Read more of this article