677 results returned for search: "" category ("Budget" AND "News")
Government plans to raise the debt ceiling by $200 million to accommodate its soaring borrowing requirements, after revenue fell short of projections while expenditure was higher than planned.
The legal limit on what Government can borrow will rise t...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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A typical pre-election Budget typically has a few sweeteners thrown in to help secure votes on polling day. But these times are far from typical.
With the economy in the doldrums and Government weighed down by debt, there was little wiggle room for P...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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The Budget crafted by Premier and Finance Minister Paula Cox is a “bridge to nowhere”, according to the One Bermuda Alliance.
The financial plan will not put Bermuda back on the path to economic recovery or generate significant amount of jobs and it ...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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The skies and seas were eyed as potential sources of revenue in Government’s latest Budget Statement.
Charging a user fee for Bermuda’s commercial airspace could take in $18 million annually in just five years’ time, Premier Paula Cox told the House ...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
With an estimated $191 million allocated for the coming fiscal year, the Ministry of Health has netted the biggest share of Government’s projected expenditure.
The biggest slice of that - $142.6 million - has been set aside for hospitals, where servi...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
In the catalogues of figures for Bermuda’s 2012/13 Budget, sharp year-on-year differences occasionally emerge.
Spending on consultants, appears to hold steady - but Government’s anticipated spending on psychological services is set to rise from $6,00...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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AUTHOR:
Jonathan Bell
Prior to the Budget, we asked for people to take part in a Readers’ Forum to give us a range of reaction from members of the community on what they thought of its contents.
Here is that reaction:
Danny Matthews wrote: “So much one can say but so lit...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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Passengers arriving at LF Wade International Airport will be able to use a “nothing to declare” aisle, after April 1.
Premier Paula Cox announced the change in her Budget statement yesterday.
She said: “In conjunction with the Ministry of Transport’s...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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Government hopes to rake in $7 million in the next financial year by rolling back two tax breaks for seniors.
Premier Paula Cox announced in her Budget statement yesterday that property owners aged 65 and older will have to pay land tax if their home...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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AUTHOR:
Sam Strangeways
A $108.9 million budget to maintain law and order in the coming fiscal year has been allocated to the Ministry of National Security.
Premier Paula Cox said: “Government’s commitment to the safety and security of Bermuda will not be compromised.”
She ...
DATE: Feb 25, 2012
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CATEGORY:
Budget
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