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News

August 29th, 2019
‘No reported loss of life, serious injuries’- Premier on Dorian

ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1), after initial assessments of the impact of Hurricane Dorian on the territory, has lauded the preparatory works of his government and the people in dealing with the sudden turn of events surrounding the hurricane.

August 27th, 2019
Premier mum on UK response to loan guarantee concerns

VALLEY, Virgin Gorda, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has revealed that the United Kingdom (UK), through correspondence with the Virgin Islands (VI), has indicated they are willing to address some concerns regarding the Loan Guarantee issue facing the territory.

August 26th, 2019
UPDATE: HoA Sitting for today rescheduled to September 2, 2019

ROAD TOWN, Tortola, VI- The House of Assembly Sitting scheduled for today, August 26, 2019 has been rescheduled to September 2, 2019, according to information reaching our newsroom.

August 24th, 2019
‘We should be able to sit & talk with UK’- Premier

VALLEY, Virgin Gorda, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says with the current issues facing the Virgin Islands (VI) and its decision to take up the UK Loan guarantee offer towards hurricane rebuilding, the territory should be able to sit with the UK and have a discussion on the matter.

August 21st, 2019
‘No time for bickering & confusion’- Premier on UK Loan Guarantee

PARAQUITA BAY, Tortola, VI – In the first of a series of public consultations on the United Kingdom (UK) £300M Loan Guarantee conundrum facing the territory, Virgin Islands (VI) Premier and Minister of Finance Hon Andrew A. Fahie (R1) has called on the UK government to solidify any verbal commitments made that will address conflicts surrounding stipulations of the Guarantee.

August 20th, 2019
Unelected Governor fires back @ Premier Fahie

ROAD TOWN, Tortola, VI – In damning allegations, Premier and Minister of Finance Hon Andrew A. Fahie (R1) in a Saturday, August 17, 2019 statement had accused United Kingdom (UK) officials in the Virgin Islands (VI) of deliberately failing to investigate the National Democratic Party (NDP) Government, leaving the door open for UK imposed policies on the territory’s finances among other strategic plans to control the territory.

August 20th, 2019
Caricom planing legal action against European 'Big Boys'- Premier Fahie

ROAD TOWN, Tortola, VI – With the European Union (EU) continuing to set difficult policies on the Virgin Islands (VI) Financial Services sector, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says these pressures are not just on the VI alone, rather, the entire Caribbean and the Caricom region is looking for ways to fight back.

August 19th, 2019
For better or worst- The deal breaker

By Kenneth G. Gladstone

The NDP administration may never recover from the fatal blow delivered to them by the Virgin Islands’ electorate. The full-blown dissatisfaction of the territory was unreservedly expressed at the polls, and everyone including those who had no interest in local politics, ensured that the handsome gentlemen above will never be allowed to sit in the House of Assembly as government heads again.

August 19th, 2019
‘UK deliberately failed to investigate NDP corruption’ – Premier Fahie

ROAD TOWN, Tortola, VI – Listing a host of financial mismanagement and alleged corruption under the previous National Democratic Party (NDP) Administration, Premier and Minister of Finance, Hon Andrew A. Fahie (R1), in damning allegations, has accused United Kingdom (UK) officials in the Virgin Islands (VI) of deliberately failing to investigate the NDP Government, leaving the door open for UK imposed policies on the territory’s finances.

August 17th, 2019
‘UK demands for loan guarantee far from reasonable’ - Premier Fahie

ROAD TOWN, Tortola, VI – First announced under the Dr D. Orlando Smith, National Democratic Party (NDP) government, the United Kingdom (UK) through a recovery and reconstruction package for the Virgin Islands (VI) had promised up to £300 million in loan guarantees and £10 million in grants to support the Territory's recovery after Hurricanes Irma and Maria of 2017.

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