Hashtag: #Finance

Financial Policy Council Meeting Today

Financial Policy Council Meeting Today

The Financial Policy Council [FPC] will be holding its next meeting today [Dec 16] which will include “discussions on the 2021 Throne Speech initiatives and consideration of key findings of the 2021 assessment report of the Fiscal Responsibility Panel.” A Government spokesperson said, “The Financial Policy Council [FPC] will be holding... Read more of this article

Minister Reports On Travel To UK, Belgium, USA

Minister Reports On Travel To UK, Belgium, USA

Speaking in the House of Assembly today [Dec 10] Minister of Finance Curtis Dickinson provided an overview of his recent travels to London and Brussels, as well as his work last week in New York. The Minister’s full statement follows below: Mr Speaker, I rise today to inform this Honourable House of recent travels to London and Brussels, along with... Read more of this article

Nayms Briefing On Digital Asset Risk Insurance

Nayms Briefing On Digital Asset Risk Insurance

Members of Bermuda’s digital asset, insurance and reinsurance sectors “have gained an insight into a new blockchain based market solution for insuring digital asset risk” at a Nayms breakfast briefing hosted in conjunction with Carey Olsen Bermuda Limited. A spokesperson said, “The Bermuda regulated startup Nayms is leading the... Read more of this article

Minister: 2021/22 Half Year Fiscal Performance

Minister: 2021/22 Half Year Fiscal Performance

Minister of Finance Curtis Dickinson provided an update on the Government’s fiscal performance. Speaking in the House of Assembly today [Nov 12], the Minister said, “Overall, notwithstanding the Covid-19 impact and the additional guarantee related expenditures, current expenditures, excluding debt service, are presently in line with the... Read more of this article

CFA Society Offering Financial Literacy Series

CFA Society Offering Financial Literacy Series

CFA Society Bermuda is offering its financial literacy series in partnership with Bermuda College PACE Program, beginning on September 29. A spokesperson said, “CFA Society Bermuda is pleased to again offer their financial literacy series this fall, in partnership with Bermuda College PACE Program. “Described as an introduction to basic money... Read more of this article

Minister Curtis Dickinson On G7 Communique

Minister Curtis Dickinson On G7 Communique

Following the communique from the G7 Finance Ministers, Minister of Finance Curtis Dickinson said that while “we support the overall objectives,” as far as the “proposals presented on tax, it is critical that any agreed framework to establish a global minimum tax, must respect a country’s right to sovereignty in relation to its tax... Read more of this article

“The 5 C’s Of Business Success” Webinar

“The 5 C’s Of Business Success” Webinar

In celebration of Financial Literacy Month, a free virtual summit entitled “The 5 C’s Of Business Success” will be held on Saturday, April 24 from 11.00am to 1.00pm via Zoom. A spokesperson said, “It’s Financial Literacy Month and five black women financial professionals are empowering small business’ finances. “The... Read more of this article

Net Public Debt Up $184.9M In Fiscal 2019/20

Net Public Debt Up $184.9M In Fiscal 2019/20

“Net Public Debt, which excludes guarantees and is net of the Government Borrowing Sinking Fund increased by $184.9 million during fiscal 2019/20 standing at $2.646 billion at the year-end,” Minister of Finance Curtis Dickinson said. Speaking in the House of Assembly today [March 26], the Minister said, “I rise today to advise Honourable... Read more of this article

Study: Island Is Most Expensive For Happiness

Study: Island Is Most Expensive For Happiness

A study by Expensivity — which used estimates from Purdue University’s paper ‘Happiness, income satiation and turning points around the world — concluded that Bermuda is the most expensive place in the world to ‘be happy,’ with the study noting our “high cost of living.” The organisation said, “Scientists... Read more of this article

Balance Of Payments & International Investment

Balance Of Payments & International Investment

The Minister for the Cabinet Office Wayne Furbert released the 2020 Q2 Balance of Payments & International Investment Position publication from the Department of Statistics. The Minister explained, “Bermuda’s trade with non-residents resulted in a $250 million surplus for the second quarter of 2020, increasing $94 million from a year ago. This... Read more of this article

Finance Minister To Host ‘Virtual Town Hall’

Finance Minister To Host ‘Virtual Town Hall’

Minister of Finance Curtis Dickinson will be hosting a virtual Town Hall Meeting tomorrow [Feb 3] to “discuss the state of Bermuda’s economy and potential Fiscal Year 2021/2022 budget implications.” In an online post, the Bermuda Government said, “The public is invited to join the Minister of Finance, the Hon. Curtis Dickinson, JP,... Read more of this article

Finance Offices To Close At Noon On Wednesday

Finance Offices To Close At Noon On Wednesday

The Ministry of Finance’s offices will close at noon tomorrow [Jan 27] to allow staff to attend the virtual funeral service for the late Financial Secretary Anthony Manders. A Government spokesperson said, “Out of respect for the late Financial Secretary, Mr. Anthony Manders, the Ministry of Finance Headquarters and by extension, all departments... Read more of this article

CFASB Relaunches Financial Literacy Series

CFASB Relaunches Financial Literacy Series

CFA Society Bermuda will again be offering their “Building Financial Literacy” as part of the PACE program at the Bermuda College, with classes to begin on Wednesday [Jan 20]. A spokesperson said, “CFA Society Bermuda’s popular series “Building Financial Literacy” will again be offered this semester as part of the PACE program at the... Read more of this article