Approx. $1.8M spent on 2023 Festival events– VIF&FC Vice Chairman
The initial figure was revealed at a press conference that also included Premier and Minister and Finance, Dr the Hon Natalio D. Wheatley (R7), and VIF&FC Chairman Mr Dirk L. Walters this morning August 24, 2023.
While the final financial figures are still to be determined for the 2023 year, as a proper debriefing has to be made to the Committee’s executive body, Mr Lettsome said the $1.8M preliminary expenditure comes as the VIF&FC raised $1.07M and received $1M from the Government.
Mr Lettsome added that monies were also raised from sponsorships and other means such as rental spots, and ticket sales. He also detailed that for every $1 spent internationally, $3.50 was spent locally, with some of the money from the international spending also remaining in the VI.
According to Chairman Mr Walters, “Initially, we mentioned these are preliminary figures. Of course, we still have small invoices here and there that are trickling in."
Final cost still to be determined
He added, “So you have some situations where there's a little bit of back and forth and subcommittees also have to submit these various things, so we have a couple of challenges here and there,” he added.
Meanwhile, Premier Wheatley said while more information regarding accountability in the Festival will be disclosed to the public, the overall financial aspect of the Emancipation Festival was well managed.
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36 Responses to “Approx. $1.8M spent on 2023 Festival events– VIF&FC Vice Chairman”
Yes times has gone long passed the 60's but this is where we started. Focus on the real issues before us.
I'm warning this government to do better use wisdom in your spending because the same public who employed you will fire you in as simple as it looks dont take them for granted. Simple show up at the house of assembly with a no confidence placard in their hands will send you home to feel how many are feeling in this territory. Find common ground to take this territory forward and it must start today not next month. Four months is enough time to put your foot down and get running for you to collect your gold medal at the end of this tenure. Wake up wake up wake up you all are still sleeping get with your permanent secretaries and push this territory forward with haste bit not heavy handedness.
Some will like some would not but we must move forward now.