November 20, 2013 at 12:43 p.m.
It might have been the worst kept secret in Bermuda but the full extent of the wastefulness, poor leadership and inefficiency of the public sector is now sinking in.
If the SAGE report is to be believed, bloated departments and perks, duplicated work and abuses of the system have cost you — the taxpayer — millions.
The report lays bare a grim reality facing the island in the wake of four straight years of decline and calls for ‘difficult and painful’ decisions to be made.
The fear among staff and their unions is that this will mean job cuts, and observers say the OBA faces a choice between breaking a promise not to shed jobs and ignoring SAGE’s recommendations.
Chairman Brian Duperreault says SAGE members were “shaken by the magnitude of the financial challenge... Bermuda is labouring under a cost of Government that continues to increase an already substantial debt and threatens to destabilize the financial foundation of the country.”
• SAGE report: A public sector out of control?
• ‘We didn’t overheat economy’ - Burt
• SAGE report: Changes will need broad support
• SAGE report: Cutting costs? You could start by closing Clifton
• SAGE report: Data shows Bermuda’s Great Recession is home-grown
The Bermuda Sun bids farewell...
JUL 30, 2014: It marked the end of an era as our printers and collators produced the very last edition of the Bermuda Sun.
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