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Financial Statements

"Bermuda has a valuable part to play in the world economy principally through our international business sector, but we must ensure that when our young people are adequately prepared they have opportunities available to them when they are ready to take their places in that sector.'' "This Government will not be complacent when we see willing workers unable to find employment in jobs that match their skills when such jobs are plentiful.'' "The fact that a first-time change in Government was effected smoothly and successfully should come as no surprise to anyone, but it does demonstrate to our international business clients that political stability is a fact of life in Bermuda. Stability does not mean the absence of change, rather that change takes place in a mature way.'' " Respect for the Judiciary and its facilities is a significant plank in the Government's proposals and as part of the Government's long-term capital plan a new facility is to be constructed on the parking lot at the corner of Victoria and Court Streets.'' "Efforts by this Government to rescue tourism are expected to bring a halt to declining visitor numbers in the coming year and the Department of Tourism's sales force has a target of increased visitor arrivals in the year 2000.'' "Much of the borrowing has occurred in the upswing of the economic cycle.

Should the cycle turn down and Government revenues be adversely affected, the debt costs will have to be met, possibly at the cost of other programme funding.'' HOUSE OF ASSEMBLY HOA