688 results returned for search: "" category ("Budget" AND "News")
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
Government’s net debt has risen to $3 billion, the finance minister revealed yesterday.
But Curtis Dickinson said the landmark figure could have been higher had Government not put the brakes on spending after the Covid-19 pandemic struck.
Mr Dickinso...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Gareth Finighan
The Government’s plans for economic recovery over the in the new financial year were branded “aspirational and low on detail” by the One Bermuda Alliance yesterday.
Cole Simons, the Leader of the Opposition, said Bermuda’s debt combined with pension ...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
More than 400 'digital nomads' are now in Bermuda, Curtis Dickinson, the finance minister revealed yesterday.
Mr Dickinson gave the number as he wrapped up his statement for the 2021-22 Budget yesterday.
The one-year residential certificate programme...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
Island businesses reacted to the 2021 Budget statement with mixed levels of optimism yesterday.
Philip Barnett, the president of Island Restaurant Group, said: “I am feeling exhausted relief from the setting of no new taxes or increases, and the c...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Jessie Moniz Hardy
Proposed spending cuts included in the 2021/22 Budget statement could be tough to maintain, an economist warned yesterday.
Peter Everson, a businessman and former president of the Chamber of Commerce, said: “The hard part, as always, is will the Gove...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Owain Johnston-Barnes
The Budget does very little to help the non-profit sector, charity leaders said yesterday.
Jennifer Burland-Adams, the co-chair of the Non-Profit Division of the Chamber of Commerce, said that she was “disappointed” workers with registered charities ...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Sékou Hendrickson
Plans to cut funding for unfilled public-sector posts will save the Government $20 million, the finance minister said yesterday.
Curtis Dickinson confirmed a pledge made last month to “defund” vacant positions so that the cash could be used elsewhere...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Gareth Finighan
When Tania Stafford went for treatment at the Mid-Atlantic Wellness Institute she felt she had been transported to a 1950s-style asylum.
It was old with tatty furnishings, decades old magazines were in the reception area and a faded poster of a tall ...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Sarah Lagan
The maintenance of school buildings must get better, the shadow education minister said yesterday.
Ben Smith warned that renovated schools would deteriorate fast if work was neglected.
Mr Smith said: “We have a lot of buildings that are old – it’s ab...
DATE: Feb 27, 2021
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CATEGORY:
Budget
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AUTHOR:
Sarah Lagan
