Hashtag: #Budget

2024/25 Budget Passed In House Of Assembly

2024/25 Budget Passed In House Of Assembly

The House of Assembly voted to pass the Government’s 2024-2025 Budget. A PLP spokesperson said, “The House of Assembly voted unanimously in support of the Progressive Labour Party Government’s 2024-2025 Budget. We have been grateful for the outpouring of support that our Budget has received from the community, the business sector and... Read more of this article

OBA & Govt Comment On Passing Budget

OBA & Govt Comment On Passing Budget

The “Government was not able to pass its budget at the end of the Budget debate in Parliament” as they “failed to bring the required Appropriation Act to Parliament,” Shadow Finance Minister Senator Doug De Couto said, while the Ministry of Finance said his statement was “another weak and shameless attempt by the Opposition... Read more of this article

Column: MP Jason Wade On Budget & More

Column: MP Jason Wade On Budget & More

[Opinion column written by PLP MP Jason Wade] Last week the Association of Bermuda Insurers and Reinsurers [ABIC], Association of Bermuda International Companies [ABIR], Bermuda Business Development Agency [BDA], Bermuda Chamber of Commerce, and Bermuda International Long Term Insurers and Reinsurers [BILTR] all recently expressed their support for... Read more of this article

“PATI & The People’s Budget: Now What?”

“PATI & The People’s Budget: Now What?”

The “PATI & The People’s Budget: Now what?” discussion will be held on Wednesday, March 6, 2024. A spokesperson said, “Information Commissioner Gitanjali S. Gutierrez and media personality Jamel Hardtman invite the public on Wednesday, 6 March at 6:00pm AST to join PATI & The People’s Budget: Now what? Keeping your government... Read more of this article

Video: Ministers Darrell & Furbert On Budget

Video: Ministers Darrell & Furbert On Budget

Minister of Tourism, Culture and Sport Owen Darrell and Minister of Youth, Social Development and Seniors Tinèe Furbert held a joint post-Budget press conference today. Minister of Youth, Social Development and Seniors Tinee Furbert said, “Good Day Bermuda, Today I will share with you the key initiatives that will be supported by the 2024/25... Read more of this article

Govt Welcome Comments From Business Entities

Govt Welcome Comments From Business Entities

The Government today “welcomed the collective endorsement of the 2024/25 Budget Statement by leading business entities, including the Association of Bermuda Insurers and Reinsurers, Association of Bermuda International Companies, Bermuda Business Development Agency, Bermuda Chamber of Commerce, and Bermuda International Long-Term Insurers and... Read more of this article

Column: Tyrrell On Budget, Budget Reply & More

Column: Tyrrell On Budget, Budget Reply & More

[Opinion column written by MP Neville Tyrrell] The OBA’s response to the 2024 Budget Statement is predictable. While most Bermudians are hoping for Bermuda’s success and hoping for the elevation of conditions for Bermuda’s working and middle class, the OBA seems to be determined to promote a “doom and gloom” narrative and... Read more of this article

Video: OBA Leader Delivers Budget Reply

Video: OBA Leader Delivers Budget Reply

One Bermuda Alliance [OBA] Leader Jarion Richardson delivered the Opposition’s Reply to the Budget in the House of Assembly today [Feb 23], responding to the 2024 Budget. Your screen will automatically refresh with the latest updates: [le id="3"] Related Stories Video: OBA Press Conference On Budget Column: MP Jason Wade On Budget & More Govt... Read more of this article

KPMG Releases 2024/25 Budget Snapshot

KPMG Releases 2024/25 Budget Snapshot

Following Premier David Burt’s presentation of the 2024/25 budget on Friday [Feb 16], KPMG has released its analysis and commentary on the budget highlights. A spokesperson said, “Premier David Burt presented the 2024/25 budget on Friday, February 16, 2024. The Government has presented a balanced budget for the first time in over 20 years... Read more of this article

Video: Minister Rabain & Minister Furbert

Video: Minister Rabain & Minister Furbert

Minister of Education Diallo Rabain and Minister of Transport Wayne Furbert convened a joint post-Budget press conference today [Feb 22], presenting key allocations and initiatives outlined in the 2024 Budget. Minister of Education Diallo Rabain said, “Good day, Bermuda, “I am thrilled to stand before you today to outline our vision and... Read more of this article

Senator Robinson On OBA Budget Reply

Senator Robinson On OBA Budget Reply

The Opposition is set to present their reply to the 2024 Budget, which will show the OBA’s alternative views on managing the island’s finances, Opposition Senator Dwayne Robinson said, adding that it “will outline our fiscal outlook as well as our social conscience.” Senator Robinson said, “The Opposition is set to present... Read more of this article

Video: Ministers Weeks And Burch On Budget

Video: Ministers Weeks And Burch On Budget

Minister of National Security Michael Weeks and the Minister of Public Works Lt. Col. David A. Burch held a joint post-Budget press conference yesterday [Feb 21]. Minister Weeks’s full statement follows below: Good afternoon everyone, and thank you for joining us today. I am happy to highlight the key initiatives within the Ministry of National... Read more of this article

National Security Budget Increases To $137.8M

National Security Budget Increases To $137.8M

“The Ministry of National Security has been allocated $137.8 million – an increase of $6.4 million,” Premier David Burt announced in the Budget. The relevant extract of the 2024 Budget statement said, “The majority of this increase is due to negotiated salary uplifts, with some funding for new programmes. “New programmes... Read more of this article

Ministry Of Education Allocated $142.6M Budget

Ministry Of Education Allocated $142.6M Budget

The Ministry of Education has been allocated $142.6 million, Premier David Burt announced in the Budget, with capital funding increased by 40% to $6.4 million to support Education Reform projects. The relevant extract of the 2024 Budget statement said, “The Ministry of Education has been allocated $142.6 million – an increase of $2.7 million... Read more of this article

AI Powered Improvements To Govt Services

AI Powered Improvements To Govt Services

The 2024 Budget “funds a digital transformation team that will work to roll out artificial intelligence-powered improvements to government services,” Premier David Burt announced in the Budget, adding that “it is important to note that AI is not a method to replace workers, but a tool to enhance the productivity of our dedicated public... Read more of this article

Chamber Response To The 2024/2025 Budget

Chamber Response To The 2024/2025 Budget

The Bermuda Chamber of Commerce said they “applaud the Government’s achievement of presenting a balanced budget for the first time in nearly two decades and welcomes the decision not to impose new taxes on neither employers nor employees.” A spokesperson said, “The Chamber endorses a budget aimed at fostering economic growth... Read more of this article