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Finance and Business

November 28th, 2023
Budget 2024: Health Ministry projected to receive largest budgetary allocation

PARAQUITA BAY, Tortola, VI – The Ministry of Health and Social Development under Honourable Vincent O. Wheatley (R9) is projected to receive the largest budgetary allocation in the 2024 Budget, according to Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7).

November 28th, 2023
VI Gov’t spends $8.9M annually on renting office space- Premier Wheatley

PARAQUITA BAY, Tortola, VI- The Government of the Virgin Islands spends some $8.9M annually to rent office space, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has disclosed.

November 26th, 2023
Premier, Deputy Premier & Minister for Health off this week to Dubai & Aruba

ROAD TOWN, Tortola, VI- The Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) will lead a small delegation to the United Nations COP 28 World Climate Summit to take place in Dubai, United Arab Emirates. The conference, which is expected to attract hundreds of world and business leaders, corporations, non-governmental organisations, and global environmentalists, will take place from November 30, 2023, to December 12, 2023.

November 26th, 2023
Ex Financial Secretary L. Allen Wheatley inks consultancy contract with VI Gov't

EAST END, Tortola, VI- Former Financial Secretary of the Virgin Islands (VI) and unsuccessful Virgin Islands Party (VIP) political candidate for the Eighth District in the 2023 general elections, Mr L. Allen Wheatley, is back.

November 26th, 2023
High recurrent expenditure a concern for VI Gov’t

PARAQUITA BAY, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said his Government has the “difficult task” of balancing important obligations like paying salaries and operating government with the need to control recurrent expenditure at sustainable levels while delivering on a holistic development agenda.

November 25th, 2023
New upscale restaurant & lounge reportedly coming to Pockwood Pond

POCKWOOD POND, Tortola, VI - While some residents, motorists, and tourists passing by or using the R&R Malone Complex may be curious as to why one of the main buildings at the entrance to the property is under construction, our roving news team have gathered some information.

November 23rd, 2023
Private/Public stakeholder forum being planned on VI Minimum Wage– Premier

ROAD TOWN, Tortola, VI– Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) said, in an effort to deal with the minimum wage issue in the Virgin Islands (VI), a stakeholder forum is being planned to involve both the government and private sectors.

November 23rd, 2023
BVIPA celebrates Explora 1's first visit to VI

SPANISH TOWN, Virgin Gorda, VI- On November 21, 2023, the British Virgin Islands Ports Authority (BVIPA), in collaboration with the British Virgin Islands Tourist Board (BVITB) and local ship agent Island Shipping Trading Co. Ltd., commemorated the inaugural arrival of the Explora 1 with a special plaque exchange ceremony.

November 23rd, 2023
Digicel celebrates 15 Years in VI with gift giving & customer surprises!

ROAD TOWN, Tortola, VI- Digicel is celebrating 15 years in the [British] Virgin Islands with a day of gifting and surprises for customers. This Friday, November 24, 2023, customers can take advantage of various Digicel deals and promotions.

November 22nd, 2023
VIP Gov’t forecasting increased revenue from taxes in 2024

ROAD TOWN, Tortola, VI– The Government of the Virgin Islands (VI) is forecasting an overall revenue increase from its government services and taxes by $5.65 million over 2023 revenues to $382.67 million in 2024.

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