Government announces new measures to reduce expenditure
HAMILTON, Bermuda, CMC - Premier Craig Cannonier has announced a 50 per cent reduction in the fleet of official cars used by cabinet ministers as his new One Bermuda Alliance (OBA) administration moves to reduce expenditure.
Premier Cannonier said while the OBA is still analysing the country's financial state, voters have clearly indicated that they “want and expect our government to be rational and organized as we face these enormous financial challenges that were inherited from the PLP (Progressive Liberal Party).
Bermuda's national debt stands at $1.4 billion while official figures show a high number of unemployed people here and Cannonier said that the government will reduce the “extremely excessive" use of consultants as had been the case by the former government.
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