Beneath all the smoke and mirrors of David Burt’s Budget Statement delivered on February 25 lay the stark reality that he was proposing yet another austerity budget. As the Budget details show, Bermuda’s deficit reduction in the coming year will be a...
DATE: Mar 18, 2022 | CATEGORY: Opinion Writer | AUTHOR: Robert Stubbs
Dear Sir,
What a difference a few weeks makes. One moment Bermudians are preparing to “breathe” a collective sigh of relief with real evidence of the pandemic subsiding, as the Government reveals plans for lifting associated Covid restrictions and ho...
DATE: Mar 09, 2022 | CATEGORY: Letters to the Editor | AUTHOR: Letters to the Editor
The Premier is a “slippery-tongued” deceiver who has hiked payroll tax, the Opposition leader told the House of Assembly yesterday.
Cole Simons accused David Burt, also the finance minister, of deliberately misleading the public.
He said: “The Minis...
Reduced electricity bills could be in the pipeline if government revenue and expenditure pan out as predicted this year.
The pledge was one of several relief measures promised by David Burt, the Premier and finance minister, during yesterday’s Budget...
A balanced Budget has been pushed back a year to 2024-25, the Premier said last night.
David Burt, who is now also the Minister of Finance, explained that the postponement was needed to let the Government implement its economic recovery plan and fund...
The old adage no battle plan survives the first contact with the enemy could apply equally well to government budgets, never more so than when the Covid-19 pandemic is added to the mix.
So Curtis Dickinson, the finance minister, deserves some sympat...
DATE: Dec 13, 2021 | CATEGORY: Editorials | AUTHOR: RG: In our Opinion
The Throne Speech, under the title of “Social Renewal and Economic Recovery”, opened with the Governor’s reflection on the “definitive”, once-in-an-era change brought by the Covid-19 pandemic.
Rena Lalgie told the gathering: “The wounds inflicted by ...
DATE: Nov 05, 2021 | CATEGORY: Politics | AUTHOR: Jonathan Bell
With the Throne Speech scheduled for tomorrow, we look back at what happened to the pledges made in last year’s legislative blueprint - which was shorter than usual because of the Covid-19 emergency.
Of 22 key pledges made last year, nearly half, 10,...
A global agreement on minimum corporate tax rates has approved an exclusion for the island’s international insurance industry.
Curtis Dickinson, the minister of finance welcomed the carve-out by the Organisation for Economic Co-operation and Developm...