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News

April 25th, 2018
‘Gov’t borrowing to pay recurrent bills; Not a good place to be’- Skelton-Cline

ROAD TOWN, Tortola, VI- Two days before the 2018 Budget debate there was a bombshell dropped on the talk show Honestly Speaking hosted by Claude O. Skelton-Cline on Tuesday April 24, 2018 on ZBVI 780 AM.

March 31st, 2018
Borrow for boom or bust?

Dickson Igwe

The recent ten to two vote in the Virgin Islands Legislature allowing for the establishment of the Disaster Recover Agency, is a vote for transparent, accountable, equitable, measured and well audited governance.

March 29th, 2018
‘Too many lies from Premier Smith’- Hon Fraser

ROAD TOWN, Tortola, VI- After many legislators, including Leader of the Opposition Honourable Andrew A. Fahie (R1), had initially opposed the Bill ‘Virgin Islands Recovery and Development Agency Act 2018’ but then voted ‘yes’ to the bill following amendments, many wondered why Opposition Member and Third District Representative Hon Julian Fraser RA held his initial position and voted ‘no’.

March 24th, 2018
Borrow from home or abroad?

Dickson Igwe

Governments, even micro administrations of tiny jurisdictions, have the ability to raise finance, to an exponentially greater degree than individuals and small businesses.

March 13th, 2018
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.

March 10th, 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.

March 3rd, 2018
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.

February 23rd, 2018
‘We are ready to march with you against Gov't'- Resident tells Hon Fraser

SEA COWS BAY, Tortola, VI - During a public meeting on Wednesday, February 21, 2018 at the Valerie O. Thomas Community Centre in Sea Cows Bay, Tortola, held by Third District Representative, Honourable Julian Fraser RA, he stated that the government does not need to borrow so much money which will put the territory in a vulnerable place.

May 5th, 2014
UK Protocols restrict Territory’s borrowing – Hon Fraser

SEA COWS’ BAY, Tortola, VI – Representative for the Third District Hon Julian Fraser, RA said that the Protocols for Effective Financial Management to which the Virgin Islands must become compliant has removed every opportunity the Territory had as far as options to raise money were concerned.



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