News
Financial Sec wants civil servants to contribute to pension
ROAD TOWN, Tortola, VI- Currently, when a civil servant retires he or she is granted a pension until they die. However, while working for the government civil servants do not contribute to the pension plan.
Is there a hunt for a replacement Financial Secretary?
ROAD TOWN, Tortola, VI- It was from Monday March 27, 2017 that Financial Secretary Neil M. Smith took his vacation, saying it was his choice to do so.
FS Neil M. Smith Out! On vacation
ROAD TOWN, Tortola, VI- It was yesterday March 23, 2017 that social network was abuzz with circulation that the Territory's youngest Financial Secretary and most powerful senior civil servant, Mr Neil M. Smith, was being forced out of office and was to be replaced by a United Kingdom national.
More lies coming from the Smith Government; FS takes the blame!
ROAD TOWN, Tortola, VI- In the age of alternate facts, fake news (Donald J. Trump Administration) media fact checkers and leaks inside governments all over the world, the Virgin Islands Government of Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) struggles to keep up with the truth.
‘We have not selected a Chinese company for airport project’- Neil M. Smith
ROAD TOWN, Tortola, VI- Financial Secretary Mr Neil M. Smith has sought to clarify that ‘China Communications Construction Company’ (CCCC) has not been awarded any contract as yet for the extension of the Terrance B. Lettsome Airport runway on Beef Island.
Disgrace! Gov’t workers @ Internal Audit without AC over 3 months
ROAD TOWN, Tortola, VI- For months our newsroom has received calls about working conditions from users of the Internal Audit Department, an agency under the Ministry of Finance.
Serious concerns raised by FSC about survival of NBVI!
ROAD TOWN, Tortola, VI- The National Bank of the Virgin Islands (NBVI), which has the Government as its only shareholder, continues to be an institution of concern by the Financial Services Commission (FSC), the state regulator of Banks and the Financial Services industry.
Civil servants cry for justice; No increments paid for 2015!
ROAD TOWN, Tortola, VI- The cry by the Opposition Virgin Islands Party (VIP), talk show hosts, civil society, ordinary citizens, and the media that the ruling National Democratic Party (NDP) raided the Treasury to win the 2015 snap election, leaving the country broke, is being heard again.
Banks reject loan requests for Airport Project as broke NDP Gov’t struggles
ROAD TOWN, Tortola, VI- The focus and controversy over the “done deal” Terrence B. Lettsome International Airport Runway Expansion Project at Beef Island have been about who gets the contract.
From rum to work permits! NDP imposes higher taxes on residents
ROAD TOWN, Tortola, VI- After allegedly raiding the treasury to win the 2015 general elections and, according to the Virgin Islands Party Opposition, civil society and the media, leaving the country broke, the ruling National Democratic Party (NDP) is now on a tax hike strategy in order to make up for its financial mismanagement.