Hashtag: #BermudaBudget
Full Document: 2024/2025 Budget Speech
The Government has successfully balanced Bermuda’s budget with a projected surplus of $210,000, the road paving budget has been more than doubled to $5 million, capital funding has been awarded for the purchase of two new ferries, the Government will invest an additional $10 million into the Bermuda Housing Corporation and the Education Ministry will... Read more of this article
Live Updates & Video: Premier Delivers Budget
[Updating] Premier and Minister of Finance David Burt is set to deliver the 2024 Budget in the House of Assembly this morning [Feb 16]. We will be covering the Budget all day, providing live updates as the Premier delivers the speech, as well as posting a copy of the full speech and reactions as they come in. The live video/audio feed [le id="2"] Related... Read more of this article
Government: ‘There Is A Balanced Budget’
In advance of the Budget on Friday [Feb 16], Government advised “that there is a balanced budget” which “was achieved with careful planning and without raising or introducing any new taxes.” A Government spokesperson told Bernews, “As the Country prepares for Budget Day tomorrow [Feb 16], it is expected that Government... Read more of this article
Video: BNV Panel Discussion On Budget
Craig Simmons, Cheryl Packwood, and Cordell Riley will be joining Bernews at 8.00pm this evening [Feb 15] for the latest episode in the Bernews News & Views series, with the trio set to discuss the 2024 Budget, which will be delivered in the House of Assembly tomorrow. The video will be live streamed below, as well as on Bernews YouTube, Twitter,... Read more of this article
Budget To Be Presented On February 16th
Premier and Minister of Finance David Burt will be presenting the Budget Statement on Friday, February 16. A Government spokesperson said, “The Hon. E. David Burt, JP, MP Premier and Minister of Finance, will present the Budget Statement in support of the Estimates of Revenue and Expenditure 2024 – 2025 on Friday, February 16, 2024, at the House... Read more of this article
20th Consecutive Year Of Government Deficit
2022 marked the twentieth consecutive year of a Government deficit, according to the Bermuda Digest of Statistics 2023. The document, which covers statistics from the year 2022, said, “Government expenditure exceeded revenue by $77.4 million in fiscal year 2022/23. This marked the twentieth consecutive year of a Government deficit. Furthermore,... Read more of this article
Video: 2024 Pre-Budget Report Discussion
The Government is hosting a live video discussion today about the 2024-2025 Pre Budget Report with the Premier and Minister of Finance David Burt. We will have additional information later on, and in the meantime the live video is below. The 1 hour live video replay is below: Related Stories Video: Post Budget Press Conference Opposition Leader On... Read more of this article
Premier Invites Feedback On Pre-Budget Report
The public will have an opportunity to ask any last-minute questions or share any final thoughts regarding the Pre-Budget Report, when Premier David Burt hosts a Live Facebook discussion tomorrow evening [Jan. 16]. A Government spokesperson said, “Taking place from 6.00 p.m. – 7.00 p.m., and hosted by MP Jache Adams, the Premier will provide... Read more of this article
Government Releases 2024 Pre-Budget Report
The Government has released its pre-budget report and “invites and welcomes feedback on this document,” with the deadline for submissions set for January 17, 2024. A spokesperson said, “The pre-budget report [PBR] is a document produced annually by the Government to provide the public with a better understanding of our fiscal aims... Read more of this article
Premier Updates On 2022/23 Govt’s Finances
“Revenue was higher than budgeted, expenditure was lower than budgeted, and the deficit was smaller than budgeted,” Premier and Minister of Finance David Burt said in the House of Assembly today [July 14] The Premier’s full statement follows below: Mr Speaker, I rise today to provide this Honourable House and the people of Bermuda with... Read more of this article
Premier & Minister To Meet With Age Concern
Premier and Minister of Finance David Burt and Minister for Social Development and Seniors Tinee Furbert will meet with members of Age Concern on March 16 “on matters specific to our seniors.” A Government spokesperson said, “As part of the Government’s continued outreach regarding the 2023/24 Budget, Premier and Minister of Finance... Read more of this article
Video: Minister Weeks Press Conference
[Updated] Minister of National Security Michael Weeks will be holding a press conference at 11.00am this morning [March 9] to “discuss his Ministry’s budget initiatives.” The live video should start at around 11.00am, and in the meantime, you can view all our coverage of the 2023 Budget here. Update: The live broadcast has concluded and the... Read more of this article
