Hashtag: #BermudaBudget

Parliament: Order Of Business For March 17th

Parliament: Order Of Business For March 17th

The House of Assembly will be in session on Wednesday [March 17], with the debate on the 2021/22 budget set to continue. The Order of Business is below [PDF here]: Related StoriesParliament: Order Of Business For February 26th Full OBA Response To The 2021/22 Budget Chamber Of Commerce Budget Response Video: OBA Leader Initial... Read more of this article

Full OBA Response To The 2021/22 Budget

Full OBA Response To The 2021/22 Budget

[Updated with full response] In advance of his formal response on Friday [March 5] in the House of Assembly, OBA Leader and Shadow Finance Minister Cole Simons provided key highlights of the OBA’s response to the 2021/22 Budget Statement. Mr. Simons commented: “Many residents see the budget as very aspirational and one that lacks detail. It is likely... Read more of this article

KPMG Releases 2021/22 Budget Snapshot

KPMG Releases 2021/22 Budget Snapshot

Following the release of the 2021/2022 Budget Statement by Minister of Finance Curtis Dickinson in the House of Assembly on February 26, KPMG in Bermuda provide a recap of the key points. A spokesperson said, “KPMG’s Budget snapshot provides highlights across Bermuda’s national debt, revenues and expenditures, payroll taxes and other initiatives.... Read more of this article

Video: Minister Ming & Minister Scott

Video: Minister Ming & Minister Scott

[Updated] Minister of National Security Renee Ming and Minister of Transport Lawrence Scott are holding a Budget overview press conference this morning [March 4]. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 32-minute replay is belowUpdate 2.00pm: Minister Scott’s... 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 joint post-budget press conference this morning [March 3]. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 24-minute replay is belowUpdate 1.48pm:... Read more of this article

Video: Minister David Burch Press Conference

Video: Minister David Burch Press Conference

[Updated] Minister of Public Works Lt/Col David Burch is holding a press conference this afternoon [March 2] regarding the 2021-2022 Budget. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 21-minute replay is belowUpdate 2.37pm: Minister Burch’s remarks Good... Read more of this article

BPSU: ‘Budget Strikes The Appropriate Balance’

BPSU: ‘Budget Strikes The Appropriate Balance’

The Bermuda Public Services Union [BPSU] said the 2021/22 Budget ”strikes the appropriate balance” has a ”pragmatic approach provides relief for the unemployed and aims for economic recovery as well as financial reforms.” BPSU President Armell Thomas said, “The Bermuda Public Services Union [BPSU] believes that the Bermuda... Read more of this article

Premier, Finance Minister Meet With Unions

Premier, Finance Minister Meet With Unions

Premier David Burt and Minister of Finance Curtis Dickinson hosted a luncheon for representatives of Bermuda’s Unions yesterday [Feb 28] to discuss the 2021 Budget. A Government spokesperson said,  “In attendance was Armell Thomas, President of the Bermuda Public Services Union, Nishanthi Bailey, President of Bermuda Union of Teachers, Marcus... Read more of this article

Video: Premier & Minister Press Conference

Video: Premier & Minister Press Conference

[Updated] Premier David Burt and Minister of Finance Curtis Dickinson are holding a press conference this afternoon [March 1] regarding the 2021-2022 Budget. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 44-minute replay is belowUpdate March 2, 9.10am: Minister... Read more of this article

Finance Minister: Estimated Savings Of $20M

Finance Minister: Estimated Savings Of $20M

“In fiscal year 2021/22 I have determined to defund any vacant post unless the funding for it has been allocated in support of delivering a service or active recruitment for the post is underway” which “results in estimated savings to the public purse of approximately $20.0 million.” This was stated in the 2021/22 Bermuda Budget,... Read more of this article

Video: OBA Leader Initial Budget Response

Video: OBA Leader Initial Budget Response

The One Bermuda Alliance Leader Cole Simons provided an initial response to the 2021/22 Bermuda Budget, which was presented in the House of Assembly by Finance Minister Curtis Dickinson on Friday. Related StoriesBudget Does Not Ask For 10% Pay Reduction Chamber Of Commerce Budget Response Full OBA Response To The 2021/22 Budget Parliament:... Read more of this article

$10M Guarantee For  Bermudiana Beach Resort

$10M Guarantee For Bermudiana Beach Resort

There will be a $10 million guarantee to “support funding necessary for the completion of the next phase of works,” Minister of Finance Curtis Dickinson said in reference to the former Grand Atlantic property.This was stated in the 2021 budget speech, with Minister Dickinson saying, “Another example of target stimulus is the planned... Read more of this article

Chamber Of Commerce Budget Response

Chamber Of Commerce Budget Response

The Bermuda Chamber of Commerce released a response to the 2021 Budget, saying that “increasing economic activity is a critical aspect of our island’s future success. ” A spokesperson said, “The Chamber of Commerce would like to commend the Minister on the budget as he battles through these difficult times. We support the stated... Read more of this article