Hashtag: #BermudaGovernmentSpending
400-Page ‘Budget Book’ Now Available Online
The full 400-page ‘Budget Book’ containing the Estimates of Revenue and Expenditure for the Year 2015/16, is now available online, with open data website Bermuda.io posting the entire document, which can be accessed here. Finance Minister Bob Richards delivered the 2015/16 Budget on Friday [Feb 20], in which he said that gross public debt... Read more of this article
90 Minute Video: Chamber’s Budget Breakfast
The Bermuda Chamber of Commerce hosted their Annual Budget Breakfast this morning [Feb 23] at Lower Pier Six, with the panelists included Minister of Finance Bob Richards, Nathan Kowalski of Anchor Investment Management, Kim White of Cox Hallett Wilkinson who also served on the SAGE Commission, while Arthur Wightman of PwC Bermuda served as moderator. The... Read more of this article
PwC Bermuda Release 2015 Budget Infographic
PwC Bermuda has released a Budget Highlight sheet, breaking down the major points of the 2015/2016 budget and providing a general summary, along with a focus on revenue, debt, growth, and expenditure. Tom Miller, Managing Director of PwC, said, “The Minister made his case for the threat to our financial independence, as deficits swell our national... Read more of this article
Deloitte Bermuda Release Budget Infographic
Deloitte Bermuda has released their 2015 Budget Highlights infographic, that breaks down the major points of this year’s Bermuda Government Budget in an easy to read format. You can view all our coverage of the 2015/16 Budget here and our live blog covering the 2015/16 Budget and reactions here. The Deloitte Bermuda 2015 Budget Infographic is below,... Read more of this article
Opposition’s Initial Response To 2015/16 Budget
Following the delivery of the 2015/16 Budget by Finance Minister Bob Richards this morning [Feb 20], both Opposition Leader Marc Bean and Shadow Finance Minister David Burt provided initial responses, with the PLP’s full Reply to the Budget set to be delivered next week. Shadow Finance Minister David Burt said, “In his third Budget Statement... Read more of this article
Charts Only: 2015-2016 Bermuda Budget
For those seeking a quick visual view of the 2015 Budget delivered in the House of Assembly by Finance Minister Bob Richards this morning [Feb 20], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2014 Budget are here, charts from the 2013 Budget are here, charts from 2012 Budget are here, charts from the... Read more of this article
Live Updates: Finance Minister Delivers Budget
[Updated] Finance Minister Bob Richards is set to deliver the 2015 Budget in the House of Assembly this morning [Feb 20], which will set out the Government’s financial plans for the upcoming fiscal year. This will be the third budget devised by Minister Richards since the OBA’s victory at the polls in 2012, following after the 2013/14 Budget... Read more of this article
PAC Meeting On AC Funding: Summons, Letters
The Public Accounts Committee [PAC] held a meeting today [Feb 12] where they were due to hear testimony from Economic Development Permanent Secretary William Francis on the public funding for the America’s Cup, however Mr Francis did not attend the meeting, with the PAC Chairman saying that he was told that Mr Francis was unwell and working from home... Read more of this article
Minister Crockwell’s Trip To London Cost $5,956
A trip last month by Minister of Tourism Development and Transport Shawn Crockwell to London cost $5,956.39, according to the latest listing on the Government’s travel webpage. The trip duration was listed as December 14 – 16, 2014, and the webpage listing said, “The Ministry of Tourism Development and Transport made a presentation to... Read more of this article
E-Polls: Vote On Suggested Cost Cutting Ideas
Suspending the Ag Show for a year, consolidating schools, reducing the travel budget, and putting a cap on financial assistance are all some of the cost reduction proposals that have been agreed to by the Government and the Unions, the Finance Minister said yesterday. The measures — which as described by the Minister would achieve a total savings... Read more of this article
Minister Fahy’s Trip To London Cost $8,692.79
According to the latest listing on the Government’s travel webpage, the trip by Minister of Home Affairs Michael Fahy to London for the Citizenship by Investment Conference in October cost $8,692.79. The trip duration was from Monday, October 20, 2014 to Saturday, October 25, 2014, with transport listed as Gro Inflight Shop [train ticket] and accommodation... Read more of this article
New York Cup Announcement Trip: $5711.01
According to the latest listing on the Government’s travel webpage, the trip by Premier Michael Dunkley and his Public Affairs Officer to New York for the America’s Cup announcement cost $5711.01. Minister of Education and Economic Development Dr Grant Gibbons also attended the event, and his costs were listed separately as $628.90, bringing... Read more of this article
