Minister: Change To Financial Assistance Policy

Owning a home will no longer disqualify senior citizens from receiving financial assistance, Minister of Youth, Families and Sports Glenn Blakeney said yesterday [Mar.28] Minister Blakeney said, “This morning I wish to inform members of the public, in particular seniors, who may be experiencing financial hardship, that the Government will be making changes to the [...]

Fahy: Increase Business To Create Jobs

Speaking in the Senate this morning [Mar.21], Senator Michael Fahy said the One Bermuda Alliance would address the debt by increasing opportunities for international business which will create jobs and increase payroll tax collected. “We would streamline the work permit process all the while protecting jobs for Bermudians and enhancing opportunities for Bermudians by suspending [...]

Burt: “Investment In Our People’s Future”

“This PLP Government has invested in our people and invested in Bermuda. These are investments in our people’s future, and just like a mortgage, will be paid over time,” said Junior Minister of Finance Senator David Burt in the Senate this morning [Mar.21]. Senator Burt said, “Long-term economic growth results from the investment in the [...]

Charles Swan: Reduce GP Fleet Size

United Bermuda Party MP Charles Swan said that there are 122 cars in the Bermuda Government’s pool of GP cars — costing over $160,000 in repairs and $47,000 in gas during 2011 — and suggested that government should “commit to and act on reducing the GP fleet size.” Mr Swan said, “With 122 cars in [...]

Minister: Overall Funding Stepped Up

Business Development and Tourism Minister Wayne Furbert yesterday [Mar.4] said overall funding would be increased for groups promoting Bermuda as an international business domicile under Government’s budgetary grant structure for the 2012/13 fiscal year. Mr. Furbert said in the last fiscal year the Ministry of Business Development and Tourism sponsored the Business Sector through grants [...]

Premier: ‘Debt Represents Investment’

The debt that “the OBA screeches about represents investment in Bermuda’s future,” Premier and Minister of Finance Paula Cox said today [Mar.2] following the Opposition’s Budget 2012 Reply. Shadow Finance Minister Bob Richards noted the 2012/13 Budget “adds a staggering $200 million to our debt” and provided a chart showing Bermuda’s debt was under $200,000 [...]

OBA Delivers Reply To The Budget

[Updated] We are facing the greatest economic disaster in Bermuda’s history, Shadow Finance Minister Bob Richards said this morning [Mar.2] as he delivered the One Bermuda Alliance’s reply to the 2012/13 Budget in the House of Assembly. “We have major concerns about the Government’s Budget for the coming fiscal year. If you had asked Bermudians [...]

$33.1M For Estates & Information Services

The Ministry of Government Estates and Information Services 2012/13 Budget allocation is $33.193 million, Minister of Government Estates and Information Services Michael Scott said this morning [Mar.1]. “The seabed and wealth under the seabed of Bermuda in the form of precious metal or mineral deposits, one can easily recognize the expanded compliment of Government assets,” [...]

Furbert: “We Are On A Mission”

His Ministry is on a “mission” to increase GDP and jobs through increased tourism arrivals and international business,  Tourism & Business Development Minister Wayne Furbert said yesterday [Feb.28]. Minister Furbert hosted a press conference to expand on his Ministry’s planned initiatives, with $38.5 million having been allocated to Business Development and Tourism in the 2012/13 Budget. “We [...]

Desilva & Blakeney: Ministry Budgets

[Updated with videos] Minister of Health Zane Desilva and Minister of Youth, Families & Sports Glenn Blakeney held a joint press conference this morning [Feb.28], to discuss their Ministry’s respective budgets for the upcoming fiscal year. The proposed 2012/13 budget for the Ministry of Health is $190.98 million, a 10.9% increase from last year. The [...]

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