News
Going green could save VI nearly $80M in 5 years –Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Hon. Andrew A. Fahie (R1) said if 60 per cent of residents of the Virgin Islands decided to take advantage of the two-year duty-free and transition into going green, making use of renewable energy sources like solar and wind-powered energy, the territory could save $15 million per year or close to $80 million in the next five years on fossil fuel.
‘Punish duty-free cheats severely!’ – Hon Marlon A. Penn
ROAD TOWN, Tortola, VI – Representative for the Eighth District Honourable Marlon A. Penn called for penalties to be imposed on persons who seek to cheat the system of revenue with the introduction of duty free shopping for tourists.