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...
Government is discussing a carve-out for the island’s international insurance industry in multilateral discussions towards a new global agreement on a minimum corporate tax rate.
Finance minister Curtis Dickinson said the carve-out was one of the iss...
DATE: Jul 19, 2021 | CATEGORY: International Business | AUTHOR: David Fox, Business Editor
The finance minister Curtis Dickinson yesterday refused to publicly divulge which countries are allied with Bermuda in the international discussions of the global tax initiative set to come to a head this October.
But he will soon reconstitute the Ta...
DATE: Jul 17, 2021 | CATEGORY: Economy | AUTHOR: David Fox, Business Editor
Dear Sir,
Additional government revenue is sorely needed. The reason for this letter is my concern about the impact of new taxes at a very delicate time. We’ve been reading about a potential new rental tax for 2022. This will increase the cost of doi...
DATE: Feb 02, 2021 | CATEGORY: Letters to the Editor | AUTHOR: Letters to the Editor
Economists, perhaps conscious of the difficulties of accurate economic forecasting, are reluctant to engage in hyperbole. Even if the sky was falling, they would find a way to explain why it might not happen, or why it might actually be a good thing....
DATE: Jan 27, 2021 | CATEGORY: Editorials | AUTHOR: RG: In our Opinion
