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Economy

Moody’s raises Bermuda’s debt rating to A1

The agency said the upgrade reflected fiscal strength improvement as a result of the CIT

The agency said the upgrade reflected fiscal strength improvement as a result of the CIT

• May 11, 2026 1:45 PM

International Business

S&P raises Bermuda’s outlook, citing CIT revenue

Corporate income tax windfall seen boosting island’s fiscal future

Corporate income tax windfall seen boosting island’s fiscal future

• May 05, 2026 8:00 AM

Opinion Writer

The bill is coming due: the hard truth about our fiscal future

In the third and final part of his series, Michael Fahy argues that Bermuda can only avoid a demographic trap by growing its population and economy

In the third and final part of his series, Michael Fahy argues that Bermuda can only avoid a demographic trap by growing its population and economy

• May 02, 2026 7:17 AM

Opinion Writer

It’s time to reduce Bermuda’s debt

Bermuda needs to reduce its Civil Service, says letter writer Keith Godfrey

Bermuda needs to reduce its Civil Service, says letter writer Keith Godfrey

• Feb 14, 2026 7:30 AM

Opinion Writer

The PLP is putting people first

The Progressive Labour Party believes fiscal responsibility can exist alongside social responsibility

The Progressive Labour Party believes fiscal responsibility can exist alongside social responsibility

• Jan 27, 2026 7:45 AM

Opinion Writer

Stewardship is better than soundbites

Government is not a business. It has a bottom line that is most truly measured by the public good delivered. Fiscal responsibility is the foundation upon which ...

Government is not a business. It has a bottom line that is m...

• Jan 27, 2026 7:43 AM

Letters to the Editor

Letter: Too soon to crow over the Budget

Dear Sir, While the Premier promotes a revenue projection of $1.47 billion and lauds a balanced budget, I do not understand this claim when the national debt is...

Dear Sir, While the Premier promotes a revenue projection of...

• Dec 17, 2025 7:58 AM

Editorials

Tackling tax reform

The report produced by the country’s brightest and wisest may not be perfect, but it provides grounds for optimism

The report produced by the country’s brightest and wisest may not be perfect, but it provides grounds for optimism

• Sep 29, 2025 8:00 AM

Cartoon

Kevin Maybury, September 5, 2025

Kevin Maybury picks the wrong time to go on his maiden cruise

Kevin Maybury picks the wrong time to go on his maiden cruise

• Sep 05, 2025 7:59 AM

International Business

Cayman debt falls below $400m

The island government has over $614 million in the bank, placing significant funds on fixed deposit

The island government has over $614 million in the bank, placing significant funds on fixed deposit

• May 25, 2025 8:00 AM

Letters to the Editor

Overhaul needed with Post Office losing millions

The Sage Commission offered a practical solution, Beverley Connell writes

The Sage Commission offered a practical solution, Beverley Connell writes

• Apr 30, 2025 8:01 AM

Letters to the Editor

Reaching into the black hole for $400m

Beverley Connell refuses to accept the Government is cash-poor when she reviews how funds have vanished in thin air

Beverley Connell refuses to accept the Government is cash-poor when she reviews how funds have vanished in thin air

• Nov 23, 2024 7:59 AM

Letters to the Editor

Alternate universe

Beverley Connell paints a contrasting picture to the news coming out of the Government during this extended election season

Beverley Connell paints a contrasting picture to the news coming out of the Government during this extended election season

• Oct 14, 2024 7:59 AM

Letters to the Editor

Surplus? Remember we’re $3.5bn in debt

Antony Siese is less upbeat than the Premier about government finances

Antony Siese is less upbeat than the Premier about government finances

• Sep 30, 2024 7:45 AM

Letters to the Editor

Things to know if you’re counting on a government pension

Beverley Connell raises questions about the funds’ transparency and sustainability

Beverley Connell raises questions about the funds’ transparency and sustainability

• Sep 16, 2024 8:00 AM

Letters to the Editor

Politicians’ statements need to be fact-checked

Antony Siese urges readers to keep a firm hold on reality when reading political commentary

Antony Siese urges readers to keep a firm hold on reality when reading political commentary

• Sep 05, 2024 7:58 AM

Politics

Opposition accuses Premier of ‘playing games’ on casinos

Douglas De Couto reiterates the One Bermuda Alliance’s call for changes to the law governing the gaming regulator

Douglas De Couto reiterates the One Bermuda Alliance’s call for changes to the law governing the gaming regulator

• Jun 10, 2024 7:57 AM

International Business

Cayman continues on path towards debt freedom

Outstanding debt was reduced by more than $55 million down to $469 million

Outstanding debt was reduced by more than $55 million down to $469 million

• Apr 18, 2024 7:58 AM

Politics

Blue Book available at royalgazette.com

Searchable version provided as a service to readers by the newspaper

Searchable version provided as a service to readers by the newspaper

• Feb 29, 2024 12:25 PM

Local Business

No major revenue-raising items in Pre-Budget Report

Public consultation is invited through mid-January

Public consultation is invited through mid-January

• Dec 18, 2023 8:00 AM

Letters to the Editor

Heavy is the head that ignores the debt

Beverley Connell is unimpressed that the Throne Speech failed to tackle adequately the reduction of government debt

Beverley Connell is unimpressed that the Throne Speech failed to tackle adequately the reduction of government debt

• Nov 15, 2023 8:00 AM

Economy

KBRA affirms Bermuda’s issuer ratings

Bermuda has maintained its long and short-term issuer ratings at A+ and K1+, respectively, and the outlook remains stable

Bermuda has maintained its long and short-term issuer ratings at A+ and K1+, respectively, and the outlook remains stable

• Oct 09, 2023 12:20 PM

Letters to the Editor

Wrecking ball of government debt

Letter writer Richard Boutland fears offshore trusts may be ultimately forced to relocate

Letter writer Richard Boutland fears offshore trusts may be ultimately forced to relocate

• Jun 12, 2023 7:58 AM

Politics

MPs clash over debt repayment

The Government’s net debt will increase this year even though it is repaying $50 million of borrowing, MPs heard on Friday

The Government’s net debt will increase this year even though it is repaying $50 million of borrowing, MPs heard on Friday

• Mar 15, 2023 7:47 AM

Politics

Gaming Commission guarantee raised to $10m

The increase represents an almost 20-fold increase on the first guarantee the Bermuda Gaming Commission was given in 2018

The increase represents an almost 20-fold increase on the first guarantee the Bermuda Gaming Commission was given in 2018

• Mar 01, 2023 7:49 AM

Politics

MPs approve creation of Morgan’s Point company

Legislation to create a government-owned company to oversee the redevelopment of the failed Morgan’s Point hotel property was passed in the House of Assembly. T...

Legislation to create a government-owned company to oversee ...

• Dec 12, 2022 7:49 AM

Letters to the Editor

Tired of the blame game on fiscal irresponsibility

Dear Sir, Augustus Jaspert, the Governor of the British Virgin Islands, with support from the UK Foreign Office, ordered an independent commission of inquiry la...

Dear Sir, Augustus Jaspert, the Governor of the British Virg...

• Oct 13, 2022 8:00 AM

Politics

Bermuda refinances $500m in debt

The Government has refinanced $500 million in public debt, the Premier announced

The Government has refinanced $500 million in public debt, the Premier announced

• Jul 18, 2022 7:56 AM

Politics

Politics live: Cost of living relief measures to be announced

Join us here for minute to minute coverage of today’s busy House of Assembly session starting at 10am

Join us here for minute to minute coverage of today’s busy House of Assembly session starting at 10am

• Jul 15, 2022 9:49 AM