Hashtag: #BermudaPolitics
Live Updates & Video: Premier Delivers Budget
[Updating] Premier and Minister of Finance David Burt is set to deliver the 2018 Budget in the House of Assembly this morning [Feb 16], which will set out the Government’s financial plans for the upcoming fiscal year. Live video of the Budget courtesy of Govt television channel CITV: This budget will be the first Budget delivered by the PLP Government... Read more of this article
Full Document, Video & Highlights: 2018 Budget
Increasing access to capital for Bermudians by reforming the 60/40 rule to one that only requires 40% Bermudian ownership and adjusting payroll tax employee rate to provide tax reductions to those earning less than $96,000 were two of the initiatives unveiled as Premier and Minister of Finance David Burt delivered the 2018 Budget in the House of Assembly... Read more of this article
Charts Only: 2018-2019 Bermuda Budget
For those seeking a quick visual view of the 2018 Budget delivered in the House of Assembly by Premier and Minister of Finance David Burt this morning [Feb 16], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2017 Budget are here, the 2016 Budget are here, the 2015 Budget are here, 2014 Budget are here,... Read more of this article
Minister Foggo’s Trip To Antigua Cost $4,607
[Updated] A trip in January 2018 by Minister of The Cabinet Office with Responsibility for Government Reform Lovita Foggo to Antigua and Barbuda cost $4,607.58, according to a recent listing on the Government’s travel webpage. The trip duration was listed as from January 20, 2018 to January 22, 2018 [see update], and the web page listing said, “Towards... Read more of this article
Tax Reform Commission Members Announced
Ronald Simmons, Opposition Leader Jeanne Atherden, Junior Finance Minister Wayne Furbert, Donald Scott, Mitch Blaser, Craig Simmons, and Brian Holdipp will serve on the Tax Reform Commission, Premier David Burt announced today. Premier Burt, who is also the Minister of Finance, said, “In two days, I will be unveiling the country’s next budget.... Read more of this article
‘Need Targeted Efforts To Improve Mathematics’
In providing details on the Cambridge Checkpoint assessment results, Minister of Education and Workforce Development Diallo Rabain said that Primary 6 students exceeded the target of 3.0 in English and science however did not meet the 3.0 target for maths, while M3 students scored just below the 3.0 target. The Minister also provided information on... Read more of this article
Dunkley To Speak On Paradise Papers In Miami
Former Premier Michael Dunkley will discuss the ‘Paradise Papers’ at the upcoming OffshoreAlert Conference in Florida, where he will take part in a session entitled ‘The ICIJ v. OFCs: Witch-Hunt Or Public Service?’ OffshoreAlert’s announcement said, “A former Government leader of Bermuda – where leading offshore... Read more of this article
Video: Population, 60/40 & Economic Growth
Do we need a higher population and should we lift the 60/40 rule to spur economic growth? Those were two of the topics discussed as Bermuda College Economics Senior Lecturer Craig Simmons, Chamber of Commerce President John Wight, and former Business Bermuda CEO Cheryl Packwood recently sat down with Bernews for a panel discussion for the upcoming 2018/19... Read more of this article
MP Leah Scott: When Is The Appropriate Time?
Noting the PLP’s 100 Day pledge to review the airport redevelopment contract to “see if Bermuda can get a better deal,” Deputy Opposition Leader Leah Scott said she “would like to know when the appropriate time would be to reveal the better airport deal that this new Government has secured for us.” Ms Scott, who is also... Read more of this article
Video: ‘Debt Is Our Biggest Internal Pressure’
Bermuda’s national debt — which currently stands at approximately $2.5 billion — is the biggest internal pressure we face, according to three local experts. Bermuda College Economics Senior Lecturer Craig Simmons, Chamber of Commerce President John Wight, and former Business Bermuda CEO Cheryl Packwood recently sat down with Bernews... Read more of this article
Hospitality Networking Event On February 22
The Bermuda Hospitality Institute will be holding a hospitality networking event on Thursday, February 22 at the Fairmont Southampton, with high school seniors and college students invited to attend the event. Speaking at a press conference yesterday, Minister of Economic Development and Tourism Jamahl Simmons said, “I am here today to announce... Read more of this article
Video: Minister Burch On ATV Proposal Decision
The final decision on the ATV proposal for the west end has not been made, Minister of Public Works Lt/Col David Burch said, adding that he finds it “astounding” how “all these people who live nowhere near the issue object to it.” Back in October 2017, the Ministry of Public Works started a consultation, seeking the public’s... Read more of this article
