Hashtag: #BermudaGovernmentRevenue

Gaming Paper: 3,000 Jobs, Over $100M Per Year

According to a study by the New Orlean’s based Innovation Group, gambling would add nearly 3,000 jobs and over $100 million a year to Bermuda’s economy. The feasibility study was conducted at an expense of $300,000 to the taxpayer. Premier Ewart Brown tabled the study recommending gambling be introduced to Bermuda during Friday’s... Read more of this article

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

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

2010 Budget: PLP and UBP Response

Below is the full text of four responses from members of opposing political parties to the 2010/11 budget. [UBP] Shadow Minister of Finance E.T. [Bob] Richards released the statement below: - Finance Minister Paula Cox’s Budget penalizes Bermuda for her Government’s reckless spending sprees that have piled up deficits and debt year after year. The... Read more of this article

2010 Budget: Full Statement

Below is the full statement of the 2010/11 budget from The Ministry of Finance. It was presented on Friday February 26, by the Hon. Paula Cox, the Minister of Finance and Deputy Premier. For just a quick view of revenue and expenditure, see 2010 Budget Explained Via Charts.. For increased clarity click ‘Full Screen’ on the top right hand... Read more of this article

2010 Budget Explained Via Charts

If you are too pressed for time to sift through the entire thirty nine page budget report, take a birds eye view of the main aspects of spending and revenue with the charts below. The budget was presented on Friday February 26, by the Hon. Paula Cox, the Minister of Finance and Deputy Premier. The total estimated expenditure for 2010/11 is $1,202.2... Read more of this article