110922 results returned for search: "" category ("Other" AND "News")
Finance Ministry officials say the zero-based budgeting approach could "theoretically" minimise the need for supplementary budget requests - barring unforeseen events such as another terror attack on the United States.
Five Government departments wen...
DATE: Feb 16, 2002
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The fall-out from the terrorist attacks on the United States on September 11 have brought both ill wind and fortune to Bermuda, with tourism hit hard by a lack of travellers, and international business' booming insurance sector.
Minister of Finance E...
DATE: Feb 16, 2002
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Government is diverting $1.5 million earmarked for buying new buses to spend on a long-awaited upgrade of the bus terminal in Hamilton.
The news was welcomed by Corporation of Hamilton secretary Roger Sherratt, who has been pressing for the improveme...
DATE: Feb 16, 2002
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With a budget of more than $131 million, the Ministry of Health and Family Services once again walked away with the largest slice of the spending pie yesterday.
"Few things are more precious than one's good health," Finance Minister Eugene Cox said i...
DATE: Feb 16, 2002
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The Ministry of Transport got a hefty nine percent increase of $4,260,000 in the Budget to deal with a number of major projects, including the new fast ferries and security upgrades at Bermuda International Airport.
Finance Minister Eugene Cox said $...
DATE: Feb 16, 2002
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Bermuda's business community yesterday expressed grave concerns on Government's projected level of spending for the next fiscal year following yesterday's release of the Budget.
A call for careful monitoring of actual revenue and expenditure came fro...
DATE: Feb 16, 2002
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The Island's only seniors advocacy group yesterday welcomed the news of a Budget sensitive to the needs of the elderly.
The 2002-03 Budget offers seniors a three percent increase in pension benefits, a break on land tax, a new parish rest home for St...
DATE: Feb 16, 2002
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In what Finance Minister Eugene Cox himself conceded could be described as a "sweetheart budget", if not an election budget, residents have been spared an onslaught of tax increases for the coming fiscal year.
In fact yesterday's Budget, while provid...
DATE: Feb 16, 2002
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While the man in the street may well be pleased with yesterday's Budget at first glance, Opposition Leader Grant Gibbons sounded a warning bell, while suggesting that the ruling Progressive Labour Party (PLP) has general elections on its mind.
And he...
DATE: Feb 16, 2002
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Government is to push ahead with plans for a new $11 million Magistrates' Court and Police Station with tenders set to go out in the Spring.
Finance Minister Eugene Cox said the building would include five new courts, a dedicated family court and a P...
DATE: Feb 16, 2002
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