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500 stimulus cheques for businesses will be released this week- Premier Fahie

- said the assistance was delayed due to accountability process
Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has said some 500 businesses would be issued their stimulus cheques by the end of this week. Photo: VINO/File
Faced with delays due to the accountability systems in place, the stimulus cheques for businesses have started to flow. Photo: VINO/File
Faced with delays due to the accountability systems in place, the stimulus cheques for businesses have started to flow. Photo: VINO/File
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has said some 500 businesses would be issued their stimulus cheques by the end of this week.

The Premier made the announcement on Wednesday, October 7, 2020, via his social media page.

He said: “Today it was a pleasure to see the smiles on the faces of so many business persons as well as to hear their words of gratitude towards their BVI Government upon receiving their cheques for the ongoing Government business stimulus initiative.”

“Since the beginning of this pandemic in March, your Government has been working to provide support to our people. We have spent millions of dollars to support persons who were affected by the economic impact of COVID-19 – and this economic impact is not unique to the BVI, but in all countries around the world,” he added.

Setbacks

The Premier further mentioned that the programme, which provides economic support for businesses affected by the COVID-19 pandemic, had its setbacks.

“Of course, there are bureaucratic processes that we must follow – we have no choice in that, there is no option for going around the bureaucratic processes which are there to ensure transparency and accountability. But, we are happy that persons have begun to receive their stimulus cheques,” he remarked.

His comments come on the heels of complaints from the business community that the process was cumbersome because of the ‘red tape’ that it had to go through.

In the meantime; however, Premier said, last week 30 businesses received their cheques and yesterday, October 7, 2020, another 70.

“By the end of this week we would have processed and released a combined total of 500 business stimulus grants out of the just over 1,000 business stimulus grants approved in the first phase,” he remarked.

In May, the Andrew Fahie-led administration earmarked $6.5 million grant relief programme for micro, small and medium-sized businesses.

20 Responses to “500 stimulus cheques for businesses will be released this week- Premier Fahie”

  • asking for a friend (08/10/2020, 07:39) Like (8) Dislike (2) Reply
    What about those who applied after the new deadline was reopened?
    • in jesus name (08/10/2020, 13:47) Like (8) Dislike (0) Reply
      After 36 years working for Puss---. Not a doller to my name and no update as to where the company and Its 160 Staffs Goes From Here. What A Shame!
  • Employee (08/10/2020, 07:43) Like (25) Dislike (1) Reply
    The rich getting richer and the poor getting poorer . It’s very unfair for some employees like myself apply for stimulus package from June and can’t hear anything from social security while businesses just apply and getting . Why not finish with one set and move on to the next. I had to call social security the other day to find out if my contributions were up to date and they said yes so what is keeping back my stimulus package.
  • What's the catch (08/10/2020, 07:46) Like (10) Dislike (0) Reply
    Hope that means laid off employees will go back to work.. Hope they are not just giving checks to employers without conditions as it relates to employees getting back to work.. That won't be smart
    • lol (08/10/2020, 10:15) Like (5) Dislike (2) Reply
      They said the range of stimulus is $1500 to $7900. Do you think that's a lot of money? Do you think that really makes a difference as it relates to bringing back full time employees?
      • @lol. Who said full time.. (08/10/2020, 20:54) Like (1) Dislike (0) Reply
        Open you all doors and give your workers some hours. What you all doing giving few plenty hours and most none. Need investigating.. it's not right.. Govt need to know what These employers are doing with their employees before they get our tax money..
  • tola (08/10/2020, 08:09) Like (18) Dislike (5) Reply
    VIP you all need do better
  • student (08/10/2020, 08:31) Like (6) Dislike (2) Reply
    Will Scholarship checks be next? I need to pay the institution or I will not be able to do exams. Please, please, please.
  • TJ (08/10/2020, 09:03) Like (36) Dislike (0) Reply
    What’s happening in agriculture? Do we need another crisis to make us realize that we need to boost our local production?
  • life (08/10/2020, 09:10) Like (7) Dislike (8) Reply
    Government do “ people complain” Government don’t do “ people complain” Humans are the most difficult and hardest Species that difficult to please. #donttakepeopleon
  • right (08/10/2020, 09:56) Like (16) Dislike (2) Reply
    was great to see on the premiers facebook page him smilimg and giving stimulus checks to 2 bakeries, you know the places that never shut, have kept open and kept revenue coming in, yes great while all the bars and restaurants and other businesses that have been closed since March 20th wait........
    • Precisely (08/10/2020, 11:10) Like (5) Dislike (0) Reply
      I thought it was ONLY me recognized this. People who are/were opened alllllllllll the time.
    • Absolutley (08/10/2020, 21:17) Like (7) Dislike (0) Reply
      Seeing smiling faces in photo ops with checks in hand to people WHO HAVE BEEN WOKRING ALL THE WAY THOUGH, and some in GOVERNEMNT jobs ... SERIOUSLY . yet us small people, who are the one really struggling , nada, nothing, ziltch DO you really think these stimulus checks are helping we? nope ... Greedy, greedy people.
  • Scholar (08/10/2020, 10:29) Like (4) Dislike (0) Reply
    Scholarship cheques and financial assistance cheques put on the back burner for some of these greedy business owners. Wow! Online students still have an obligation to pay their tuition and those that are still living abroad still have to pay rent along with tuition and books etc. We have been scraping to pay these fees since the end of August (2 months). Please reconsider this madness


  • mean while (08/10/2020, 10:39) Like (9) Dislike (1) Reply
    Whore houses and bars opened while our schools remain closed
    • Peaches (08/10/2020, 12:33) Like (0) Dislike (0) Reply
      Imagine that! The children need to get out so they can learn and also get much needed interaction and exercise with their peers.
  • Need answers (08/10/2020, 11:11) Like (3) Dislike (2) Reply
    How come these are being issued but those for district 4 representative is taking soo long. Because this is not a VIP representative district. People are stressed, hiungry and like there isnoone to answer no questions
  • Overdue (08/10/2020, 11:39) Like (0) Dislike (2) Reply
    Till now
  • Employee (09/10/2020, 09:15) Like (1) Dislike (0) Reply
    I am still waiting on something to pay my bills and feed my children its been months now since i applied. Note. all forms were up to date
  • MJ (09/10/2020, 11:28) Like (0) Dislike (0) Reply
    Did the Government check to make sure all dues were paid up to date?


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