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News

May 4th, 2018
Gov’t $240M in debt; @ brink of borrowing capacity- Claude O. Skelton-Cline

ROAD TOWN, Tortola, VI- It was on the Tuesday May 1, 2018 edition of the Honestly Speaking show, aired on ZBVI 780 AM, that the Leader of the Opposition and First District Representative Honourable Andrew A. Fahie and commentator Claude O. Skelton-Cline shared with listeners their views on the financial position of the Virgin Islands (VI).

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.

February 21st, 2018
‘Your future, children, & children’s children future about to be mortgaged’- Hon Fraser

SEA COWS BAY, Tortola, VI- “Your future, your children’s future and your children’s children future is about to be mortgaged,” stated Third District Representative Hon Julian Fraser RA as he encouraged residents to attend a public meeting at the Valerie O. Thomas Community Centre in Sea Cows Bay, Tortola, this evening, February 21, 2018.

February 7th, 2018
‘It’s a little difficult fixing the graveyards & all the roofs damaged’- Hon Skelton

CANE GARDEN BAY, Tortola, VI- The dead will have to wait a little while longer for their resting places to be fixed as Minister for Health and Social Development Honourable Ronnie W. Skelton (AL) is focused on getting the many damaged homes and apartment buildings repaired before the next hurricane season is upon us.

January 16th, 2018
Willock proposes Citizen by Investment; Lottery as possible revenue streams

ROAD TOWN, Tortola, VI- A young businessman and former senior civil servant has criticised the post hurricanes recovery plan recently released by the National Democratic Party (NDP) for lacking what he terms a critical component- bold new revenue initiatives- but has also come forward with bold solutions to fill that void.

December 29th, 2017
$721M needed for restoration work over next 5 years- Draft Recovery Plan

ROAD TOWN, Tortola, VI – Legislators, entrepreneurs and even the man at the grassroots level continue to ponder how much it would cost for the Virgin Islands (UK) to be returned to some semblance of what it was prior to the devastation it suffered from hurricanes Irma and Maria in September and a tropical wave in August.

December 22nd, 2017
$15M to help repair homes - Hon Ronnie W. Skelton

ROAD TOWN, Tortola, VI - Residents of the territory have been given the assurance that the National Democratic Party (NDP) government has monies set aside, $15M, to lend persons in need to repair their homes.

November 10th, 2017
UK questions if VI can repay loans

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Dr The Honourable D. Orlando Smith (AL), who appeared before the International Development Committee of the House of Commerce in the United Kingdom on Tuesday, October 31, 2017 was grilled by Member of Parliament, Lloyd Russell-Moyle on how the Virgin Islands (VI) intends to repay the loans it is seeking.

October 21st, 2017
'VI needs greater access to funds to successfully recover'- Premier Smith

ROAD TOWN, Tortola, VI- “My meetings in Washington DC were positive and secured confirmations from partners such as the CDB and the EU to support finding responsible ways to fund our recovery,” stated Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) on October 19, 2017.



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