News
$331M Budget! Higher taxes announced with claim that country not broke!
ROAD TOWN, Tortola, VI - Sounding again like he was on the campaign trail, the Virgin Islands’ Minister of Finance Dr The Honourable D. Orlando Smith has announced a 2016 Appropriation Act of approximately Three Hundred and Thirty Million, Eight Hundred and Forty Six Thousand Five hundred United States Dollars ($330,846,500.00) of both protected revenue and expenditure.
‘Country has not been left broke!’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith has debunked the allegation that the National Democratic Party (NDP) Government left the territory broke to finance the June 8, 2015 general election, despite the fact that contractors and service providers cannot be paid as yet for work done in 2015.