News
Willock warns against borrowing from IMF & World Bank
ROAD TOWN, Tortola, VI- The National Democratic Party (NDP) Government has been warned against approaching the International Monetary Fund (IMF) and the World Bank for funding to aid the Territory in its recovery efforts following the devastation of Category 5 Hurricane Irma on September 6, 2017.
Layoff or cut civil servants' salaries?- NDP Gov't debates
ROAD TOWN, Tortola, VI- For months and ever since the 2011 general elections, Premier and Minister of Finance Dr The Hon D. Orlando Smith (AL) was claiming that the economy was 'robust' and that it was not his government’s reckless spending that had left the country broke.
‘With or without funding we're doing renewables!’ – Mr Leroy A. E. Abraham
ROAD TOWN, Tortola, VI – General Manager of the BVI Electricity Corporation (BVIEC) Mr. Leroy A. E. Abraham said that with or without donor funding, the Territory will be integrating renewable energy with the traditional energy sources.
Haiti Gets $45 Million Tourism Development Grant From World Bank
By the Caribbean Journal staff
The World Bank’s Board of Directors has approved a $45 million grant to develop tourism in Haiti.
World Bank postpones $90m Uganda loan over anti-gay law
BBC NEWS
The World Bank has postponed a $90m (£54m) loan to Uganda over its tough new anti-gay law that has drawn criticism from around the world.
VI urged to wake up & face issues of 'colonial status'
ROAD TOWN, Tortola, VI -While the importance of the issues being addressed at the level of the House of Assembly, the issues surrounding the recent leaks within the financial services sector and the new face it has put on the Virgin Islands, the state of health care services and the others in the bundle, it is also the expressed opinion that time should be exhorted in addressing other issues including that of the country’s status as a UK Overseas Territory.
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