2015 Throne Speech: A Brief Summary Of The Parliamentary Agenda

The Bermuda Government renewed its commitment to economic progress and recovery in its 2016 Speech from the Throne in which plans for the forthcoming parliamentary year 2016-2017 are rolled out.

In this post, I provide a brief summary.

Plans for the forthcoming year include a two-track strategy of growth renewal and job creation coupled with the imposition of discipline on public spending which Government said is already showing signs of having taken root:

• Bermuda's GDP has recorded six consecutive quarters of positive growth;

• Air arrival are up, surging by 18 percent during the third quarter of the current year;

• Retail business has grown in 18 of the last 19 months;