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News
4 Backbenchers write to Premier Smith objecting to Recovery Agency & Board!
ROAD TOWN, Tortola, VI- Four Backbenchers, along with Opposition Member Hon Julian Fraser RA (R3), have written to Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) expressing their objection to the establishment of the Virgin Islands Recovery and Development Agency and Board, which was stipulated by the United Kingdom in its High Level Framework for UK Support of BVI Recovery.
'I will vote for the Territory & people'- Hon Andrew A. Fahie
ROAD TOWN, Tortola, VI- Today March 22, 2018 is earmarked to be the deciding day in Virgin Islands political history as it is the day that The VI Recovery and Development Agency Act 2018 is debated and possibly voted on and the big question is: How will the House of Assembly Members vote?
Cashless in a cash filled world
Dickson Igwe
The western world is overflowing with cash. This is a consequence of quantitative easing, and monetary stimulus, combined with fearful and debt laden consumers. The following story asserts that the [British] Virgin Islands inhabits a paradoxical place. It sits between a UK austerity culture, and a world apparently drowning in cash. But the country cannot access that cash.
Legislation on accountability will be worked on closer to elections- Hon Fahie
ROAD TOWN, Tortola, VI- Members of the opposition and residents alike have been calling for the National Democratic Party (NDP) government to be transparent and accountable, not only with the territory’s finances but in everything. In the Speech from the Throne, read in the First Sitting of the Third session of the Third House of Assembly on March 1, 2018, legislation to do just that were listed in the plans for the session.
Austerity in the midst of financial abundance
Dickson Igwe
Physical and economic recovery for the Virgin Islands, post the natural disasters of September 2017, requires a fitting of the country’s economic restorative models into the molds of the twin western economic cultures of stimulus and austerity.
Five year terms & national elections for Premier & Deputy- Shaina M. Smith
ROAD TOWN, Tortola, VI- Constitutional review is a topic that is top in the minds of many residents, considering how unhappy most of them are with the way the Territory is being governed. Former political candidate and commentator, Shaina M. Smith, was very vocal with her ideas on what aspects of the constitution should be changed, especially on governance of the Territory.
Names of working recovery group revealed
WICKHAM'S CAY I, Tortola, VI – During a press conference on Thursday, February 15, 2018 at the Office of the Premier, located in the Central Administration Complex, Dr The Honourable D. Orlando Smith (AL), Premier and Minister of Finance, announced some of the names that make up the ‘working group’ to man ongoing recovery efforts.
‘Things being implemented by UK right on top of us’- Hon Fahie
ROAD TOWN, Tortola, VI- Ever since the publication of sections of the letter called ‘High Level Framework for UK support to the BVI Hurricane Recovery’ written to the Premier and Minister of Finance, Dr The Honourable D. Orlando Smith (AL), many persons speculated that there was much more going on that residents were not being made aware of.
Global Financial Secrecy Index lists VI at # 16
ROAD TOWN, Tortola, VI - On the heels of the United Kingdom (UK) upper chambers, the House of Lords, voting down a proposal on January 24, 2018 for the Virgin Islands (VI) and other Overseas Territories (OTs) to implement a public register that would reveal the names of beneficial owners of financial offshore companies registered in the Territory, the VI has found itself ranked number 16 on the 2018 Financial Secrecy Index (FSI) by the Tax Justice Network (TJN).
Gov’t Members were unaware of ‘High Level Framework’ document- Skelton-Cline
ROAD TOWN, Tortola, VI- While the Draft Recovery and Development Plan document is widely circulated in the Virgin Islands, another document dubbed ‘High Level Framework for UK support to the BVI Hurricane Recovery’ is now making headlines.
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