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The Government’s net debt will increase this year even though it is repaying $50 million of borrowing, MPs heard on Friday

Minister says policy change is needed to reverse the trend to an ageing population

David Burt is unapologetic about not using anticipated increases in revenues to be more aggressive about debt reduction

There are a lot of numbers in the Budget. These charts might help to make sense of them.

The Government has refinanced $500 million in public debt, the Premier announced

A financial support package for families struggling to deal with increases in the cost of food will be discussed by the Cabinet next week. David Burt, the Premier and Minister of Finance, told MPs that laws passed in 2020 but only being brought int...

An online marketplace for island businesses to sell Bermudian products and experiences will be launched at the end of the month. David Burt told the House of Assembly on Friday that the economic recovery plan had identified the establishment of a sm...

A $43.3 million deficit was recorded by the Government in the first half of the financial year, the finance minister revealed yesterday. Curtis Dickinson told MPs that the “all inclusive” deficit, which included capital spending and debt service...

The finance minister today welcomed a “stamp of approval” from leading credit ratings agency Standard & Poor’s after it affirmed Bermuda’s sovereign debt ratings. Curtis Dickinson said the decision by S&P reflected government’s handling of the Covid-...

Ratings agency Standard & Poors has reaffirmed Bermuda’s A+ sovereign credit and long and short term debt ratings, the finance minister announced last night. The reaffirmation of Bermuda's A+ long-term sovereign credit and senior unsecured debt rati...