$331M Budget! Higher taxes announced with claim that country not broke!
Premier Smith gave the public a laundry list of the things his administration has done, mostly projects started by the previous Virgin Islands Party (VIP) Administration but for the most part incomplete.
He also claimed that his government is not broke despite a decrease from $51M met when he took office in 2011 under the Virgin Islands Party (VIP) Government in the Consolidated Fund to, as of December 2015, a mere $6M.
It was the same Premier Smith who said in 2012 when he met $51M in the Consolidated Fund that the VIP of former Minister of Finance Honourable Ralph T. O’Neal OBE had left the country broke but now claimed with the $6M left by his administration that it is not broke.
The Honourable Minister of Finance also announced new tax hike on some services provided by government in order to increase revenue.
New PAC Members
Meanwhile, the House of Assembly’s watchdog body, the Public Accounts Committee (PAC), has been reconstituted. In light of the government’s two members in their first choice; Hons Marlon A. Penn (R8) and At Large Member Archibald C. Christian now holding Ministerial Portfolios, it means they can no longer sit on the House Select Committee.
Therefore, Dr Smith has appointed Hon Delores Christopher (R5) and Hon Melvin ‘Mitch’ Turnbull (R2) as its two new Members on the Public Accounts Committee. They were both approved at the Sixth Sitting of the First Session of the Third House of Assembly to serve on the body.
The Committee will be chaired by the Leader of the Opposition Hon Julian Fraser RA (R3) and the other Opposition Member will be Hon Andrew A. Fahie (R1).
The last report done by the Public Accounts Committee (PAC) was under the Leadership of Hon O’Neal on the controversial Ports Development Project.
The PAC report unearthed corruption, conflict of interest, disregard for the laws of the Virgin Islands, unfair practices, undue influence in favour of one developer, disregard for the established tendering process and that no one looking was out for the interest of the people and taxpayers of the Virgin Islands, putting the people at a disadvantage.
26 Responses to “$331M Budget! Higher taxes announced with claim that country not broke!”
Dear VIP,
Start building strong members, I may move back to the BVI if the corruption diminish.
I want to see this happen here in the BVI enough is enough with all the TV, computer, contracts and selling out hospital services to friends and relatives in the USVI.
https://www.westindianlawyers.com/news--articles/-former-chairman-of-caymans-health-services-authority-found-guilty-of-5-corruption-charges