Hashtag: #BermudaBudget

Chamber To Host Budget Breakfast

Chamber To Host Budget Breakfast

In keeping with long-standing tradition, The Bermuda Chamber of Commerce will host its annual Budget Breakfast on Monday, February 27th. However, the format will be different as Chamber EVP Joanne MacPhee explains, “This year in response to a request from Cabinet, the Premier as Finance Minister, will join a small panel, which will collectively discuss... Read more of this article

Senator Burt Responds To Bob Richards

Senator Burt Responds To Bob Richards

Junior Minister of Finance Senator David Burt responded to Shadow Finance Minister Bob Richards’ statement yesterday saying, ”The government will not be drawn into a debate about the budget before February 24th, however it is important that we stick to the facts. “The qualification in this and the prior fiscal year was based on the... Read more of this article

OBA’s Richards On Financial Results

OBA’s Richards On Financial Results

[Updated with video] Shadow Finance Minister Bob Richards addressed the recent financial statements tabled by the Government, saying in the corporate world this type of financial planning would “get the planners fired.” “The financial results released by the government on Friday stand as an indictment of its stewardship of the public... Read more of this article

Videos: Premier/Ministers Town Hall

Videos: Premier/Ministers Town Hall

Premier Paula Cox hosted the second of a series of Town Hall meetings to discuss the upcoming National Budget last night [Jan.25] at the Leopard’s Club. Premier Cox was joined on the panel by Minister of Economy, Trade & Industry Patrice Minors, Minister of National Security Wayne Perinchief, Minister of Government Estates & Information Services... Read more of this article

Premier To Host Town Hall Tonight

Premier To Host Town Hall Tonight

Premier Paula Cox will host the second on a series of Town Hall meetings to discuss the upcoming National Budget tonight [Jan.25] at the Leopard’s Club in Hamilton starting at 7.30pm. Premier Cox will be joined by Patrice Minors, Minister of Economy,Trade and Industry; Wayne Perinchief, Minister of National Security; Michael Scott, Minister of Government... Read more of this article

Videos: Premier’s Town Hall Meeting

Videos: Premier’s Town Hall Meeting

Last night [Jan.18] Premier Paula Cox was joined by three Cabinet Ministers at the Dalton E. Tucker Primary School in Southampton, as she hosted the first in a series of Town Hall meetings to discuss the upcoming Budget. The Premier was joined by Attorney General & Minister of Justice Kim Wilson, Minister of Health Zane Desilva, and Minister of... Read more of this article

Premier/Ministers To Host Town Halls

Premier/Ministers To Host Town Halls

Premier Paula Cox, joined by various Government Ministers, will host a series of town hall meetings to discuss the upcoming National Budget. Premier Cox released the Pre-Budget Report last month, which highlights a number of policy options currently under consideration. The Premier said at the time, that she will host a series of town hall meetings... Read more of this article

UBP: ‘Island Faces Economic Emergency’

UBP: ‘Island Faces Economic Emergency’

Bermuda faces a “national economic emergency” unless urgent remedial action is taken, Shadow Finance Minister Bob Richards said at a press conference yesterday [Jan. 20]. Mr. Richards said in the lead-up to the 2011 Budget, the onus was on Government to both curtail public spending and help re-position Bermuda so it can regain its competitive... Read more of this article

Bob Richards: Bermuda Dollar Now Devalued

Bob Richards: Bermuda Dollar Now Devalued

During the debate on the 2010 Budget in the House of Assembly today, Minister of Finance Paula Cox [PLP] introduced an amendment that doubled the rate of Bermuda’s Foreign Currency Purchase Tax from 0.50% to 1.0%. Speaking to the amendment, Shadow Finance Minister Bob Richards [UPB] described this proposed increase as effectively devaluing the... Read more of this article

Swan Unhappy With 30 Second Speaking Time

Swan Unhappy With 30 Second Speaking Time

Opposition Leader Kim Swan called the 30 seconds he was left to speak in the House the “politics of distraction”. During the morning sitting of the House of Assembly yesterday, Premier Dr. Ewart Brown spoke in depth on the 2010/11 Budget, sitting down with only 30 seconds of debate time remaining. Mr. Swan rose to speak but was quickly... Read more of this article

Budget: Strong Words from the PLP’s Dale Butler

Budget: Strong Words from the PLP’s Dale Butler

PLP Member of Parliament the Hon. Dale Butler is in the House of Assembly speaking about the 2010/11 budget…the budget of his own party. The budget was presented on February 26 by the Hon. Paula Cox, the Minister of Finance and Deputy Premier. As the total estimated expenditure for 2010/11 is $1,202.2 million, while the total estimated revenue... Read more of this article

House of Assembly: Bob Richards Budget Reply

House of Assembly: Bob Richards Budget Reply

The Shadow Minister for Finance Bob “ET” Richards delivered the official Opposition reply to the budget in the House of Assembly this morning. The 2010/11 budget was revealed last week, and has come under fire from various members of the community. Mr. Richards’s speech lasted for almost two hours and touched on numerous aspects,  including... Read more of this article