Bermuda's economy has been buffeted by the challenges of
COVID-19 during 2020. But a robust response from government working
closely with the private sector appears to have put it in a good
position to take advantage of numerous opportunities emerging in a
post-pandemic world. Eight leaders discussed this issue in a
virtual roundtable.
HOW WOULD YOU CHARACTERISE THE HEALTH OF THE BERMUDA ECONOMY IN
THE CONTEXT OF THE CHALLENGES OF COVID-19?
Dennis Fagundo: I would say that the Bermuda economy is now
divided into two distinct sectors. Normally one would think of it
in terms of international business and then the domestic economy,
but that has shifted. The split is now between businesses that were
able to stay open and continue normal operations and those whose
demand has been significantly reduced.
