Hashtag: #BermudaBudget
Live Updates & Audio: Premier Delivers Budget
[Updates to begin at around 10am] Premier and Minister of Finance David Burt is set to deliver the 2022 Budget in the House of Assembly this morning [Feb 25]. The live video will start when the Budget starts – which is normally at just past 10am We will be covering the Budget all day, providing live updates as the Premier delivers the speech,... Read more of this article
Target For Balanced Budget Delayed By Year
Premier and Minister of Finance David Burt “signaled that the new target for achieving a balanced budget has now been delayed by one year to fiscal year 2024/25,” the Government said this evening. The Premier said, “In the last budget presentation, the Government was projected to balance the budget by the next fiscal year, 2023/24. However,... Read more of this article
Minister: Budget, Spending, Savings, Expenses
Current expenditures for fiscal 2021/22 are projected to increase by $56.9 million due to the impact of the pandemic, and the Ministry of Finance is proposing a $25 million reduction in capital expenditures and $13 million in savings have been identified with the majority “due to vacant positions throughout the Government,” Minister of Finance... Read more of this article
Parliament: Order Of Business For March 17th
The House of Assembly will be in session on Wednesday [March 17], with the debate on the 2021/22 budget set to continue. The Order of Business is below [PDF here]: Related Stories Parliament: Order Of Business For February 26th Full OBA Response To The 2021/22 Budget Video: OBA Leader Initial Budget Response Chamber Of Commerce Budget Response Budget... Read more of this article
Full OBA Response To The 2021/22 Budget
[Updated with full response] In advance of his formal response on Friday [March 5] in the House of Assembly, OBA Leader and Shadow Finance Minister Cole Simons provided key highlights of the OBA’s response to the 2021/22 Budget Statement. Mr. Simons commented: “Many residents see the budget as very aspirational and one that lacks detail. It is likely... Read more of this article
KPMG Releases 2021/22 Budget Snapshot
Following the release of the 2021/2022 Budget Statement by Minister of Finance Curtis Dickinson in the House of Assembly on February 26, KPMG in Bermuda provide a recap of the key points. A spokesperson said, “KPMG’s Budget snapshot provides highlights across Bermuda’s national debt, revenues and expenditures, payroll taxes and other initiatives.... Read more of this article
Video: Minister Ming & Minister Scott
[Updated] Minister of National Security Renee Ming and Minister of Transport Lawrence Scott are holding a Budget overview press conference this morning [March 4]. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 32-minute replay is below Update 2.00pm: Minister Scott’s... Read more of this article
Video: Minister Rabain & Minister Furbert
[Updated] Minister of Education Diallo Rabain and Minister of Social Development and Seniors Tinee Furbert are holding a joint post-budget press conference this morning [March 3]. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 24-minute replay is below Update 1.48pm:... Read more of this article
Video: Minister David Burch Press Conference
[Updated] Minister of Public Works Lt/Col David Burch is holding a press conference this afternoon [March 2] regarding the 2021-2022 Budget. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 21-minute replay is below Update 2.37pm: Minister Burch’s remarks Good... Read more of this article
BPSU: ‘Budget Strikes The Appropriate Balance’
The Bermuda Public Services Union [BPSU] said the 2021/22 Budget ”strikes the appropriate balance” has a ”pragmatic approach provides relief for the unemployed and aims for economic recovery as well as financial reforms.” BPSU President Armell Thomas said, “The Bermuda Public Services Union [BPSU] believes that the Bermuda... Read more of this article
Premier, Finance Minister Meet With Unions
Premier David Burt and Minister of Finance Curtis Dickinson hosted a luncheon for representatives of Bermuda’s Unions yesterday [Feb 28] to discuss the 2021 Budget. A Government spokesperson said, “In attendance was Armell Thomas, President of the Bermuda Public Services Union, Nishanthi Bailey, President of Bermuda Union of Teachers, Marcus... Read more of this article
Video: Premier & Minister Press Conference
[Updated] Premier David Burt and Minister of Finance Curtis Dickinson are holding a press conference this afternoon [March 1] regarding the 2021-2022 Budget. We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 44-minute replay is below Update March 2, 9.10am: Minister... Read more of this article
