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The Government has committed to a $10 million guarantee to support further development of the Bermudiana Beach Resort in Warwick. In his Budget speech, Curtis Dickinson, the Minister of Finance, said the redevelopment of the property – originally ere...

A “project management team” is to be created to help boost the economy, the finance minister announced yesterday. Curtis Dickinson said during his 2021-22 Budget statement that a list of 30 policy changes and initiatives had been developed to “accele...

The Minister of Finance Curtis Dickinson released his 2021/22 Budget today. Here, Deloitte gives it assessment in its Bermuda Budget snapshot. You can see our full story on the Budget here and a story on how the net debt has now gone through the $3 ...

The finance minister today signalled that a special fund created as the Government’s piggy bank would be used to cover a Budget deficit. Curtis Dickinson, the finance minister, said the Government expected to be short by $124.5 million in the 2021/22...

The Royal Gazette offers a Budget overview with the highlights to take away in the wake of an unprecedented year – with “recovery” the key word for the year ahead. You can find the full article here. We have posted the YouTube video of the Speech...

A 10 per cent public sector pay cut last year will not be extended in the 2021-22 Budget, the Premier revealed last night. David Burt wrote on twitter: “We are most proud to recognise the sacrifice of public sector workers by presenting a budget that...

The Minister of Finance should cut taxes and fees for businesses to re-energise the economy, it was claimed yesterday. Green-friendly projects, increased support for youth services, and breaks for charities that provide essential services, were other...

The Minister of Finance has renewed a pledge that there will be no new taxes in this month’s Budget. Curtis Dickinson also promised Government departmental expenditure would be kept on a tight leash in the next financial year. Mr Dickinson said: “The...

The One Bermuda Alliance has called for more support for Bermuda’s farmers and fishermen and for funding for school repairs or renewable energy schemes which would make Bermuda more self-sufficient and create jobs. Cole Simons, the Leader of the Opp...

Government’s Budget deficit is expected to be an “unsustainable” $295 million for the current financial year after the Covid-19 pandemic slashed revenues and sent spending soaring. As a result, Government is considering removing funding for “lower p...