Hashtag: #Covid19Finances

Unemployment Benefits Payments Update

Unemployment Benefits Payments Update

The Ministry of Finance advised that “all persons who have met the required criteria for eligibility for unemployment benefits payments and provided the required documentation have been processed for payment.” A Government spokesperson said, ”It should be noted that there are still over 500 applications whose employers have not verified... Read more of this article

3-Month Extension Of Closed Job Categories

3-Month Extension Of Closed Job Categories

Citing the impact of the pandemic on employment, the Department of Immigration advised that the moratorium on new work permits for closed categories has been extended for an additional three months until July 31st. A Government spokesperson said, “The Ministry of Labour seeks to inform the public of the three month extension of the closed job... Read more of this article

Landlords Asked To Assist As Best They Can

Landlords Asked To Assist As Best They Can

“As the Minister responsible for the Department of Financial assistance, it is my plea to landlords to assist as best you can to be fair and help those in need of support,” Minister of Labour Jason Hayward said, with the Minister also asking Financial Assistance clients to “follow the rules” and “act responsibly.” Minister... Read more of this article

Video: Save Our Restaurants Campaign

Video: Save Our Restaurants Campaign

Noting that there are “more than 2,500 Bermudians employed in the local hospitality industry” and “there is a growing number of locals unemployed,” the Bermuda restaurant industry is asking people to help ‘Save Our Restaurants’. A spokesperson said, “The restaurant industry in Bermuda has issued a rallying cry to the... Read more of this article

BEDC: Covid Businesses Grants/Loans Available

BEDC: Covid Businesses Grants/Loans Available

Businesses can apply via the BEDC for Covid-19 Emergency Grants – with amounts ranging from $5,000 to $7,000 per business — and they can also apply for the Covid-19 Combined Loans/Grants, with amounts under that programme ranging from $10,000 to $40,000 depending on business size. Premier David Burt Speaking at last night’s press... Read more of this article

Applications Can Be Filed: Unemployment Benefit

Applications Can Be Filed: Unemployment Benefit

The Ministry of Finance has renewed the unemployment benefit support for individual workers, and eligible persons can receive $1500 for the full 3 week closure. In an online post, the Bermuda Government said, “The Government is again committed to supporting workers and businesses affected by the revised and necessary regulations. The Ministry... Read more of this article

Minister: Government’s Economic Recovery Plan

Minister: Government’s Economic Recovery Plan

“Bermuda finds itself on the edge of a fiscal cliff” as it “has a relatively high level of government debt and obligations,” and the Government’s Economic Recovery Plan “is the response to these various challenges,” Minister of Finance Curtis Dickinson said. Speaking in the House of Assembly today [March 22]... Read more of this article

Payments Of $1500 For Three Week Closure

Payments Of $1500 For Three Week Closure

“All affected employees of businesses that are unable to open will receive payments up to a maximum of $1500 this week, which will cover the 3 weeks of closure,” Premier David Burt said, adding that “affected businesses will be eligible for grants to cover expenses and overheads.” The Premier’s comments were made as the... Read more of this article

Government’s List Of Covid Related Contracts

Government’s List Of Covid Related Contracts

In response to Parliamentary Questions from MP Michael Dunkley in the House of Assembly, Minister of Health Kim Wilson released a list of Covid-19 related contracts undertaken by the Government. The question was, “Will the Honourable Minister please inform this Honourable House about all Covid-19 related contracts undertaken by the Government... Read more of this article

$234K: Workers & People Directed To Quarantine

$234K: Workers & People Directed To Quarantine

The Ministry of Finance “has paid $234,000 to those who are not working and others who have been directed to quarantine” in the past few weeks, Acting Premier Walter Roban said. This follows after increased restrictions were put in place last month due to an outbreak of Covid-19, with the restrictions including the closure of all indoor... Read more of this article

Unemployment Benefits Being Processed

Unemployment Benefits Being Processed

[Updated with PDF] The Government has approved 50 applications so far for the unemployment benefit for employees affected by the recent mandated closures and are currently assessing an additional 110 applications, and they are also working on applications from individuals who have been directed into mandatory quarantine or isolation by the Ministry... Read more of this article

Emergency Grants For Bars, Clubs & Restaurants

Emergency Grants For Bars, Clubs & Restaurants

The BEDC will be “providing Covid-19 emergency grant funding” to “approved bars, nightclubs, members clubs and restaurants” with maximum grant amounts to range “from $5,000 to $7,000 per business.” This follows after the industry — which already had mandated closures in the ‘lockdown’ earlier this... Read more of this article

Govt To Make Payments ‘No Later Than Thurs’

Govt To Make Payments ‘No Later Than Thurs’

“The Bermuda Government will make payments to impacted individuals no later than Thursday, 17 December, if their applications are submitted and complete by Monday, 14 December,” the Government said today. This is in relation to the unemployment benefits, with the Minister of Finance Curtis Dickinson recently authorising “unemployment... Read more of this article