Hashtag: #BermudaBudget
De Couto On Budget Timing, Priorities & More
Funding for healthcare is critical, the stability of Social Insurance and Government worker pensions remains a concern and we are carefully watching Government’s handling of the Corporate Income Tax [CIT], Shadow Finance Minister Dr Douglas De Couto said. Dr De Couto, who previously served in the Senate and was recently elected as an MP, said, “Normally... Read more of this article
Dates Set For Throne Speech & Budget
The Cabinet Office announced that this year’s Legislature will convene on March 14, while Budget Day is set for May 2. A Government spokesperson said, “The Cabinet Office advised today that the Legislature will convene on March 14, 2025 following its dissolution on January 8, 2025 for the purposes of holding the recent General Election. “His... Read more of this article
2024/25 Budget Passed In House Of Assembly
The House of Assembly voted to pass the Government’s 2024-2025 Budget. A PLP spokesperson said, “The House of Assembly voted unanimously in support of the Progressive Labour Party Government’s 2024-2025 Budget. We have been grateful for the outpouring of support that our Budget has received from the community, the business sector and... Read more of this article
OBA & Govt Comment On Passing Budget
The “Government was not able to pass its budget at the end of the Budget debate in Parliament” as they “failed to bring the required Appropriation Act to Parliament,” Shadow Finance Minister Senator Doug De Couto said, while the Ministry of Finance said his statement was “another weak and shameless attempt by the Opposition... Read more of this article
Column: MP Jason Wade On Budget & More
[Opinion column written by PLP MP Jason Wade] Last week the Association of Bermuda Insurers and Reinsurers [ABIC], Association of Bermuda International Companies [ABIR], Bermuda Business Development Agency [BDA], Bermuda Chamber of Commerce, and Bermuda International Long Term Insurers and Reinsurers [BILTR] all recently expressed their support for... Read more of this article
“PATI & The People’s Budget: Now What?”
The “PATI & The People’s Budget: Now what?” discussion will be held on Wednesday, March 6, 2024. A spokesperson said, “Information Commissioner Gitanjali S. Gutierrez and media personality Jamel Hardtman invite the public on Wednesday, 6 March at 6:00pm AST to join PATI & The People’s Budget: Now what? Keeping your government... Read more of this article
Opposition Leader On Consultant Costs
“The PLP Government spent an eye-watering $41 million,” Opposition Leader Jarion Richardson said, asking “what are these consultants doing to justify $41 million dollars of our money?” A spokesperson said, “The budget debate has revealed that last year the PLP Government splashed out over $40 million of taxpayers’ money... Read more of this article
Video: Ministers Darrell & Furbert On Budget
Minister of Tourism, Culture and Sport Owen Darrell and Minister of Youth, Social Development and Seniors Tinèe Furbert held a joint post-Budget press conference today. Minister of Youth, Social Development and Seniors Tinee Furbert said, “Good Day Bermuda, Today I will share with you the key initiatives that will be supported by the 2024/25... Read more of this article
Govt Welcome Comments From Business Entities
The Government today “welcomed the collective endorsement of the 2024/25 Budget Statement by leading business entities, including the Association of Bermuda Insurers and Reinsurers, Association of Bermuda International Companies, Bermuda Business Development Agency, Bermuda Chamber of Commerce, and Bermuda International Long-Term Insurers and... Read more of this article
Column: Tyrrell On Budget, Budget Reply & More
[Opinion column written by MP Neville Tyrrell] The OBA’s response to the 2024 Budget Statement is predictable. While most Bermudians are hoping for Bermuda’s success and hoping for the elevation of conditions for Bermuda’s working and middle class, the OBA seems to be determined to promote a “doom and gloom” narrative and... Read more of this article
Video: OBA Leader Delivers Budget Reply
One Bermuda Alliance [OBA] Leader Jarion Richardson delivered the Opposition’s Reply to the Budget in the House of Assembly today [Feb 23], responding to the 2024 Budget. Your screen will automatically refresh with the latest updates: [le id="3"] Related Stories Video: OBA Press Conference On Budget Column: MP Jason Wade On Budget & More Govt... Read more of this article
KPMG Releases 2024/25 Budget Snapshot
Following Premier David Burt’s presentation of the 2024/25 budget on Friday [Feb 16], KPMG has released its analysis and commentary on the budget highlights. A spokesperson said, “Premier David Burt presented the 2024/25 budget on Friday, February 16, 2024. The Government has presented a balanced budget for the first time in over 20 years... Read more of this article
