677 results returned for search: "" category ("Budget" AND "News")
Delays in repairs to Harbour Road in Warwick have caused public works staff problems as power firm Belco prepared to start trenching nearby.
Lieutenant-Colonel David Burch, the public works minister, said the ministry job, which is three weeks behind...
DATE: Mar 03, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
The price tag for the replacement of two old East End swing bridges will be about $100 million, the public works minister revealed yesterday.
Lieutenant-Colonel David Burch said staff were ready to start work on the Swing Bridge, from St David’s to S...
DATE: Mar 03, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
Affordable housing was left out of this year’s Budget despite “a number of projects lined up and ready to go”, the public works minister said yesterday.
Lieutenant-Colonel David Burch added: “It’s a question of money.”
He was speaking after the Bermu...
DATE: Mar 03, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
A total of 62.5 vacant posts have been defunded by the public works ministry, the public works minister revealed today.
Lieutenant-Colonel David Burch said the cost-cutting measure came after the ministry’s allocation was cut by almost $4 million to ...
DATE: Mar 03, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
The Budget will help diversify the economy and increase the workforce without a hike in the national debt, the finance minister said at a press conference today.
Curtis Dickinson renewed his pledge that there would be no new taxes in the next 12 mont...
DATE: Mar 02, 2021
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CATEGORY:
Budget
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AUTHOR:
Gareth Finighan
There are almost 3,000 fewer jobs on the island than a year ago, the Premier said yesterday.
But David Burt predicted last Friday’s Budget laid the foundations for an economic recovery that would diversify the economy and get Bermudians back to work....
DATE: Mar 02, 2021
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CATEGORY:
Budget
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AUTHOR:
Gareth Finighan
The Government got high marks from the Bermuda Public Services Union for the latest Budget’s moves for cutting public debt
The BPSU president, Armell Thomas, singled out the 2021-22 Budget plans for lowering the island’s deficit from $245 million to...
DATE: Mar 02, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
Young entrepreneurs and the “gig” economy could be the engine that drives Bermuda towards economic recovery and full employment, according to a top economist.
Craig Simmons said that, while large corporations had adapted technology in order to reduce...
DATE: Mar 01, 2021
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CATEGORY:
Budget
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AUTHOR:
Gareth Finighan
Government spending will top the $1 billion mark in the next financial year, the Minister of Finance revealed yesterday.
Curtis Dickinson said that estimated revenue for the year was $998.8 million and that a Budget deficit of $124.5 million would be...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Raymond Hainey, Assistant News Editor
Almost 3,000 jobs were lost last year as the pandemic wreaked economic havoc across Bermuda, Government said yesterday.
With the Bermuda economy contracting by an estimated 8.5 per cent, the near Depression scale downturn was thought to have cost 2,9...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Bill Zuill