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‘Your future, children, & children’s children future about to be mortgaged’- Hon Fraser

- invites the public to a meeting on recovery loans today, February 21, 2018
February 21st, 2018 | Tags: mortgage future Public meeting loans julian fraser RA
Third District Representative Hon Julian Fraser RA will be holding a public meeting at the Valerie O. Thomas Community Centre in Sea Cows Bay, Tortola, this evening, February 21, 2018 to discuss the borrowing of some $721M for restoration efforts for the next 5 years in the Virgin Islands. Photo: VINO/File
The meeting, according to Hon Julian Fraser RA (R3) is to allow persons to learn the facts and figures in the Government’s Recovery and Development Plan. Photo: Facebook
The meeting, according to Hon Julian Fraser RA (R3) is to allow persons to learn the facts and figures in the Government’s Recovery and Development Plan. Photo: Facebook
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.

According to Hon Fraser, in a recorded message sent to our newsroom, the meeting scheduled for 7:00 P.M. is to allow persons to learn the facts and figures in the Government’s Recovery and Development Plan.

There have been many criticisms that the draft plan made public by the National Democratic Party (NDP) Government since December 2017 is vague and “full of generalities”

Government has since embarked on a series of consultations with the public to garner their views on the recovery plan, as according to Premier and Minister of Finance Dr The Hon D. Orlando Smith (AL), the draft document is “not a done deal.”

An in-depth look

According to Hon Fraser, his presentation and discussions to follow will go beyond the consultation meetings, affording persons a clear understanding “as to whether the decision to commit yourself to borrow and spend monies and a $700M undertaking is the right thing to do, given our current emotional, economic and physical state.”

Government had announced that some $721M will be needed over the next five years to restore and develop the Virgin Islands following the devastation of hurricanes Irma and Maria in September 2017.

“A critical look will be taken at how those monies benefit developments in the Third District in particular and what the people of the Virgin Islands stand to gain in general.”

Urging the public to come prepared to ask questions, raise concerns and make suggestions,” Hon Fraser said their questions and comments will be documented and forwarded to the Recovery and Development Committee for consideration.

The public meeting will also be broadcast live on ZBVI 780 AM Radio.

“It’s important. We are talking about $721 million,” Hon Fraser further wrote on his Facebook page.

17 Responses to “‘Your future, children, & children’s children future about to be mortgaged’- Hon Fraser”

  • hog city (21/02/2018, 13:33) Like (22) Dislike (9) Reply
    Too late for a new party
  • wize up (21/02/2018, 13:33) Like (13) Dislike (0) Reply
    I personally believe that consulting with the after the fact is an insult: come to the people first for their valuable input then draft documents which reflect the voice of the people.....the how you find where I live just before an election day you use the same process and get my input(the views expressed are my personal views) it not a paid political announcement
    • Hmmm (23/02/2018, 09:47) Like (0) Dislike (0) Reply
      How long would that take to get everyone on the same page before a plan is even conceived...it this draft is not a done deal then it is being done the right way. If they were to come to the public with nothing but blank legal pads to take notes then and there about how to move forward you'd utter the sentiment that they're useless i bet....
  • A stronger BVI (21/02/2018, 13:49) Like (12) Dislike (1) Reply
    over $700m ain't no little bit of money to pay back but with God's help we can. To think of it will there be more loans plus this one ?Will the opposition do the same of borrowing to take the country forward if they were in govt? I say this because we tend to say and do one thing when not in power and another when in power. Pls use the loan wisely and may there be accountability and fairness in the same.
  • VIP all the way (21/02/2018, 14:08) Like (3) Dislike (2) Reply
    I will be tune in to zbvi as everyone deserve an air
  • Latin Boa (21/02/2018, 15:53) Like (17) Dislike (1) Reply
    Unprecedented entitlement growth has led this country on the brink of bankruptcy. and what is going on is well on pace to achieve just that in a short few years. Seize the time. Expats laughing at we.
  • zoe (21/02/2018, 16:45) Like (2) Dislike (21) Reply
    Go joe fraser we got you
  • dont be naive (21/02/2018, 16:46) Like (7) Dislike (0) Reply
    for what the BVI and some of our neighboring islands went thru it has taken us back in years and assistance can only come from handouts loans and and certain investments.We are helping ourselves but we can only go further with all hands on deck not some hands. It gonna take some time for sure if no disasters are other ills don't hit us in 5 years time there will be improvement and developments. To think of it one of the things that can be detrimental to progress is the criminal element in society whereby govt often have to use reliable and important resources to fight and control crime when it can be used otherwise. So I continue to say put down your guns and pick up your lives and help push the BVI forward and not backwards
  • Hmmm (21/02/2018, 17:34) Like (3) Dislike (1) Reply
    Only now he resurrect?
    • wize up (21/02/2018, 18:55) Like (2) Dislike (5) Reply
      @ Hmmm: keep the faith, I think he can make a good premier(I think)
  • Worried (21/02/2018, 18:38) Like (4) Dislike (1) Reply
    Instead of making it his business to stomp his feet and behave like Elmer Fudd, maybe Hon Fraser can come up with some constructive ideas to repair and rebuild our damaged economy. You can bet that if his party wins in the next election, any talk of transparency will be completely OFF the table.
  • still worried (21/02/2018, 20:15) Like (4) Dislike (1) Reply
    “A critical look will be taken at how those monies benefit developments in the Third District in particular and what the people of the Virgin Islands stand to gain in general.” NO- not the third district and certainly not the Territory, only Fraser and his cronies will benefit if we look at his past actions.

    That quote- "“Your future, your children’s future and your children’s children future is about to be mortgaged,” is mine- I wrote that word for word back in early December when loan negotiations were first announced.

    I am no fan of the NDP right now but I have NEVER noticed the Hon. Fraser doing a single thing that has benefitted the Territory; every thing he says is negative, but he attacks with no alternative to present to the people. Even his rhetoric is self-serving and changes with the wind; just look at his stance on immigration over the years...pro/anti/pro/anti....where is he today? Tune in tonight to find out.

  • What good (21/02/2018, 21:44) Like (3) Dislike (0) Reply
    WHAT good are the loans , if people broke, homeless , carless and more Debt . Use some money on real recovery , help poor people .


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