News
PAID AD: Rebuilding a stronger VI together
ROAD TOWN, Tortola, VI- Below is a statement by Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL), delivered on Monday, March 12, 2018.
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.
‘Your future, children, & children’s children future about to be mortgaged’- Hon Fraser
SEA COWS BAY, Tortola, VI- “Your future, your children’s future and your children’s children future is about to be mortgaged,” stated Third District Representative Hon Julian Fraser RA as he encouraged residents to attend a public meeting at the Valerie O. Thomas Community Centre in Sea Cows Bay, Tortola, this evening, February 21, 2018.
‘It’s a little difficult fixing the graveyards & all the roofs damaged’- Hon Skelton
CANE GARDEN BAY, Tortola, VI- The dead will have to wait a little while longer for their resting places to be fixed as Minister for Health and Social Development Honourable Ronnie W. Skelton (AL) is focused on getting the many damaged homes and apartment buildings repaired before the next hurricane season is upon us.
Willock proposes Citizen by Investment; Lottery as possible revenue streams
ROAD TOWN, Tortola, VI- A young businessman and former senior civil servant has criticised the post hurricanes recovery plan recently released by the National Democratic Party (NDP) for lacking what he terms a critical component- bold new revenue initiatives- but has also come forward with bold solutions to fill that void.
$721M needed for restoration work over next 5 years- Draft Recovery Plan
ROAD TOWN, Tortola, VI – Legislators, entrepreneurs and even the man at the grassroots level continue to ponder how much it would cost for the Virgin Islands (UK) to be returned to some semblance of what it was prior to the devastation it suffered from hurricanes Irma and Maria in September and a tropical wave in August.
$15M to help repair homes - Hon Ronnie W. Skelton
ROAD TOWN, Tortola, VI - Residents of the territory have been given the assurance that the National Democratic Party (NDP) government has monies set aside, $15M, to lend persons in need to repair their homes.
UK questions if VI can repay loans
ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Dr The Honourable D. Orlando Smith (AL), who appeared before the International Development Committee of the House of Commerce in the United Kingdom on Tuesday, October 31, 2017 was grilled by Member of Parliament, Lloyd Russell-Moyle on how the Virgin Islands (VI) intends to repay the loans it is seeking.
'VI needs greater access to funds to successfully recover'- Premier Smith
ROAD TOWN, Tortola, VI- “My meetings in Washington DC were positive and secured confirmations from partners such as the CDB and the EU to support finding responsible ways to fund our recovery,” stated Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) on October 19, 2017.
US Treasury awards more than $4.4M for small businesses in USVI
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI— The US Treasury Department today September 27, 2016 announced that the US Virgin Islands (USVI) has received $4,477,239 in State Small Business Credit Initiative (SSBCI) funds to help small businesses access the capital they need to grow and create jobs, according to a release issued by the Treasury.