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Financial Management protocols ties VI Gov’t hands!
ROAD TOWN, Tortola, VI - While Premier of the Virgin Islands Dr. the Hon. D. Orlando Smith is boasting that his budget does not have to go to the United Kingdom (UK) for approval, the same document that he signed on April 23, 2012 imposes a long laundry list of restrictions on his Administration.
No green light for CDB loan this year?
ROAD TOWN, Tortola, VI (Posted 6:31 am) - From all indications, it is unlikely that the United Kingdom (UK) will grant approval for the Caribbean Development Bank (CDB) loan successfully negotiated by the previous Government to be accessed for spending this year.
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