Hashtag: #BermudaBudget
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
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 Stories Budget Does Not Ask For 10% Pay Reduction Chamber Of Commerce Budget Response Full OBA Response To The 2021/22 Budget Parliament: Order... Read more of this article
$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
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
Deloitte Release 2021/22 ‘Budget Snapshot’
Following the delivery of the 2021 Budget by Minister of Finance Curtis Dickinson this morning [Feb 26] 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 of the... Read more of this article
Charts Only: 2021-2022 Bermuda Budget
For those seeking a quick visual view of the 2021 Budget delivered in the House of Assembly by Minister of Finance Curtis Dickinson this morning [Feb 26], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2020 Budget are here, 2019 Budget are here, 2018 Budget are here, 2017 Budget are here, the 2016 Budget... Read more of this article
Full Document: 2021/2022 Budget Speech
This morning [Feb 26], Minister of Finance Curtis Dickinson delivered the 2021 Budget in the House of Assembly, which details Government’s financial plans for the upcoming fiscal year. The full Budget Speech is below [PDF here]: Related Stories Live Updates & Video: Minister Delivers Budget Opposition Leader On Pre-Budget Report Parliament:... Read more of this article
Live Updates & Video: Minister Delivers Budget
[Updating] Minister of Finance Curtis Dickinson is set to deliver the 2021 Budget in the House of Assembly this morning [Feb 26], which will set out the Government’s financial plans for the upcoming fiscal year. We will be covering the Budget all day, providing live updates as the Minister delivers the speech, as well as posting a copy of the full... Read more of this article
Budget Does Not Ask For 10% Pay Reduction
“We are most proud to recognize the sacrifice of public sector workers by presenting a budget that does not ask them for an additional year of the 10% pay reduction,” the Premier said. Last night, Premier David Burt tweeted, “Looking forward to tomorrow’s budget statement where Bermuda’s Min. of Finance will present the 2021... Read more of this article
Parliament: Order Of Business For February 26th
The House of Assembly will be in session on Friday [Feb 26] and statement scheduled to be delivered include the “Estimates of Revenue and Expenditure for 2021/2022” – as in the Budget Statement, which will be delivered by Finance Minister Curtis Dickinson. The Order of Business is below [PDF here]: Related Stories Parliament: Order Of Business... Read more of this article
Video: Finance Minister Town Hall Meeting
Minister of Finance Curtis Dickinson is holding a ‘Virtual Town Hall Meeting’ this evening [Feb 3] to “discuss the state of Bermuda’s economy and potential Fiscal Year 2021/2022 budget implications.” Related Stories Video: Minister Ming & Minister Scott Video: Premier & Minister Press Conference Video: Minister... Read more of this article
Opposition Leader On Pre-Budget Report
The Opposition Leader and Shadow Minister of Finance Cole Simons commented on Bermuda’s 2021/2022 Pre-Budget Report, and provided a list of initiatives that the “OBA would immediately implement to change the trajectory of the 2021-22 Budget.” Mr Simons said, “The Progressive Labour Party Government’s 2021-22 Pre-Budget Report tells... Read more of this article
