Hashtag: #BermudaBudget
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: Related Stories Video: OBA Press Conference On Budget Column: MP Jason Wade On Budget & More Govt Welcome... 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
Video: Minister Rabain & Minister Furbert
Minister of Education Diallo Rabain and Minister of Transport Wayne Furbert convened a joint post-Budget press conference today [Feb 22], presenting key allocations and initiatives outlined in the 2024 Budget. Minister of Education Diallo Rabain said, “Good day, Bermuda, “I am thrilled to stand before you today to outline our vision and... Read more of this article
Senator Robinson On OBA Budget Reply
The Opposition is set to present their reply to the 2024 Budget, which will show the OBA’s alternative views on managing the island’s finances, Opposition Senator Dwayne Robinson said, adding that it “will outline our fiscal outlook as well as our social conscience.” Senator Robinson said, “The Opposition is set to present... Read more of this article
Video: Ministers Weeks And Burch On Budget
Minister of National Security Michael Weeks and the Minister of Public Works Lt. Col. David A. Burch held a joint post-Budget press conference yesterday [Feb 21]. Minister Weeks’s full statement follows below: Good afternoon everyone, and thank you for joining us today. I am happy to highlight the key initiatives within the Ministry of National... Read more of this article
Video: Post Budget Press Conference
[Updated] Premier and Minister of Finance David Burt is hosting a post Budget press conference today [Feb 19]. We will have additional information later on, and in the meantime the live video is below. You can read a full copy of the 2024 Budget speech here, and view all our coverage of the 2024 Budget here. Update Feb 19, 4.52pm: Premier Burt said,... Read more of this article
National Security Budget Increases To $137.8M
“The Ministry of National Security has been allocated $137.8 million – an increase of $6.4 million,” Premier David Burt announced in the Budget. The relevant extract of the 2024 Budget statement said, “The majority of this increase is due to negotiated salary uplifts, with some funding for new programmes. “New programmes... Read more of this article
Govt Expands Mortgage Guarantee Programme
Starting on April 1, the Government will expanding Phase 2 of the Mortgage Guarantee Programme to “include employees of Government quangos and part-time Regiment soldiers who will now also be eligible to transfer their mortgages into this programme,” Premier David Burt announced in the Budget, The relevant extract of the 2024 Budget statement... Read more of this article
