Hashtag: #BermudaBudget
Budget Statement To Be Presented On Feb 17
Premier and Minister of Finance David Burt will present the Budget Statement in the House of Assembly on Friday, February 17th. A Government spokesperson said, “In support of the Estimates of Revenue and Expenditure 2023 – 2024, the Premier and Minister of Finance, the Hon. E. David Burt, JP, MP, will present the Budget Statement in the House... Read more of this article
Pre-Budget Report Submission Deadline Is Jan 17
The deadline to submit feedback on the 2023 – 2024 Pre-Budget Report has been extended to January 17th 2023. A Government spokesperson said, “The Government recently released its 2023 – 2024 Pre-Budget Report. The Pre-Budget Report is a policy statement issued by the Government prior to the release of its budget. “It defines... Read more of this article
Pre-Budget Report Feedback Extended To Jan 17
The deadline for feedback on the Pre-Budget Report has been extended until January 17th. The Government posted the graphic online below, saying, “The deadline for feedback on the Pre-Budget Report has been extended to January 17th. We invite the public to provide us with your thoughts, concerns and suggestions as we prepare the upcoming budget together. Read... Read more of this article
Cole Simons On Pre-Budget, Economy & More
[Written by Opposition Leader Cole Simons] The Progressive Labour Party Government’s 2023-24 Pre-Budget Report tells Bermuda a graphic story of their intended direction and priorities. Unfortunately, the picture they paint is unrealistic, and Bermuda deserves better. Looking through the lens of reality, not the distorted lens of the PLP, will show... Read more of this article
Proposed Changes To Payroll Tax System
Proposed changes to the payroll tax structure “will see all persons earning under $105,000 annually paying less in payroll tax compared to the prior year,” the Premier said today as he provided an overview on the Government’s 2023/24 Pre-Budget Report, which contains proposals the “Government wishes to solicit feedback on prior... Read more of this article
OBA: Little Time To Ask Questions In Debate
“During a two-hour session on the Ministry of Finance, the Government Senator only left a few short minutes for me to ask questions on the brief,” Opposition Senator Dr Douglas De Couto said, while his fellow OBA Senator Ben Smith said “Legal affairs continued the same government plan to read for most of the session leaving little... Read more of this article
Video: Minister David Burch Press Conference
[Updated] Minister of Public Works Lt/Col David Burch will be holding a press conference at 12.30pm this afternoon [March 16] regarding the 2022/23 Budget. Will have additional coverage later on and in the meantime the live video should start at around 12.30pm. Update: The live broadcast has concluded and the 12-minute replay is below Update 1.40pm:... Read more of this article
Ministry of Education Budget: $135.25 Million
“The Ministry of Education has been allocated a budget of $135.25 million, representing an increase of $7.2 million compared with last year’s budget,” Minister of Education Diallo Rabain said. Minister Rabain said, “Today, I would like to share the Ministry of Education’s 2022/23 Budget highlights. “The Ministry of Education provides... Read more of this article
Economy & Labour Ministry Budget: $73,937,000
“The newly created Ministry of Economy and Labour has received an estimated budget allocation of $73,937,000,” Minister of Economy and Labour Jason Hayward said. Minister Hayward said, “The Ministry of Economy and Labour is instrumental to the future wellbeing of our country, and I am proud of the work we have accomplished over the last twelve... Read more of this article
Ministry Of Transport Budget: $72.037 Million
“The Ministry of Transport has been allocated a budget of $72.037 million,” Minister of Transport Lawrence Scott said, adding that they budgeted to “purchase up to 15 additional electric buses and to complete the long- term bus charging infrastructure.” Minister Scott said, “The Ministry of Transport strives to provide... Read more of this article
Minister Tinee Furbert On 2022/23 Ministry Budget
The Ministry of Social Development and Seniors has a “slight increase in our budget from $24.2 million to $ 24.59 million,” Minister of Social Development and Seniors Tinee Furbert said today. Minister Furbert said, “I am pleased today to provide an overview of the Budget 2022/23 for the Ministry of Social Development and Seniors. “For... Read more of this article
Bermuda Day Parade To Return In 2022
“After a two-year absence, our signature annual event, the Bermuda Day Parade will return on Friday 27th May 2022,” Minister of Youth, Culture and Sport Dr. Ernest Peets said, adding that “Bermuda can expect to see the signature floats, drum bands, majorettes, dance groups, music trucks and of course our celebrated Gombeys.” This... Read more of this article