Hull-Brathwaite inks $85,000 book contract
The text, De-mystifying Financial Services, is being used for the newly introduced subject of Financial Services for the 2012-2013 school year.
This was disclosed today, September 3, 2012 by Minister for Education and Culture, Hon. Myron V. Walwyn, in response to questions asked about new courses being implemented and the associated contractors and costs for texts accompanying the subjects.
The question was posed to the Hon. Minister by First Disctrict Representative and Opposition Member, Hon. Andrew A. Fahie during the First Session of the Second Sitting of the Second House of Assembly conducted today.
Although three new subject areas were introduced, Financial Services was surprisingly the only subject that saw the production of a new text specifically written for it. The Hon. Minister subsequently suggested this may be because of the Virgin Islands unique situation where Financial Services are concerned.
Hull-Brathwaite, the Minister explained “was paid the contracted sum of $85,000, which includes payments for publication for the first one thousand copies of the text.”
The Hon. Walwyn assured the House that the book would be owned by the Government of the Virgin Islands adding that a minimum charge would be put in place for sale of the book to students which would over time assist in recouping the cost of the government’s investment.
The Minister disclosed that a copy of the contract was available for members of the house to peruse.
Hon. Walwyn was asked to add some clarity about the copyright of the book and explained that the Ministry was able to come to a compromise with the author, wherein allowances have been made for the book to be published in other jurisdictions but the Government of the Virgin Islands would still be the holder of the copyright for the text, as it was presented to the Ministry.
Hon. Minister Fahie appeared speechless at the Minister’s response and said simply “Madam Speaker, all I can say is wow.” The Hon. Minister then quickly moved to the next question appearing on the order paper.
43 Responses to “Hull-Brathwaite inks $85,000 book contract”
Celebrate Celebrate for our sister! You haters can never take away whats in her brain.