Every Bermuda Government budget is consequential to our fate, but none is as potentially critical as the 2018-19 Budget Statement soon to be presented by the Minister of Finance. Why? Because Bermuda finds itself at a critical fiscal crossroads. And ...
The Budget will focus on sparking economic growth in Bermuda, the Premier said last night.
David Burt, also Minister of Finance, told an audience at St Paul Centennial Hall that any tax increases in the looming Budget would be “small and targeted”.
H...
The Government will tomorrow host a public meeting to discuss the pre-Budget report.
The meeting, to be held at the St Paul Centennial Hall in Hamilton from 6pm, will give the public the chance to quiz David Burt, the Premier and Minister of Finance,...
David Burt will unveil his first Budget on February 16.
The Premier and Minister of Finance said the Budget would “focus on those who for the last five years have not been a priority”.
He added: “Our aim is simple and that is to grow Bermuda’s econom...
Top insurance company executives and investment managers have met with David Burt, the Premier, to discuss plans for the Bermuda Infrastructure Fund.
Mr Burt tweeted a picture from the meeting yesterday, showing him shaking hands with Brian Duperreau...
The One Bermuda Alliance has released its response to the Bermuda Government’s report on its fiscal performance in the first half of the fiscal year.
It reads as follows:
It is with considerable satisfaction that the Opposition provides comments on r...
The Transport Control Department has reopened after closing this morning because of a broken water pipe.
According to the Ministry of Transport and Regulatory Affairs, service resumed after repairs were carried out.
Bermuda’s financial crisis and the battle to pull the island back from the brink of disaster has been chronicled in a book by Bob Richards, the former Minister of Finance.
Mr Richards left political life after he lost his seat to Christopher Famous i...
Auditor-General Heather Thomas has urged the Bermuda Government to take action after revealing net debt had reached $3.7 billion.
The statements of the Consolidated Fund for the year ending March 2017, tabled in the House on Friday, showed net debt h...
Government paid out more than $1 million in penalties after it submitted late financial statements late in 2015 and 2016, the House of Assembly heard.
The details emerged as Government MP Rolfe Commissiong questioned Wayne Furbert, the junior Ministe...
The Bermuda Government has negotiated a $135 million loan agreement with Butterfield Bank, David Burt announced today.
The Premier said the loan, which will cover the 2017-18 fiscal year and a portion of the 2018-19 year, was called for under the One...
Wayne Furbert remains tight-lipped over the shake-up that led to him being named the new Junior Minister of Finance last week.
Members of the Opposition, however, have been vocal in criticising the move.
A media release on Sunday evening advised th...
