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Cashless in a cash filled world
Dickson Igwe
The western world is overflowing with cash. This is a consequence of quantitative easing, and monetary stimulus, combined with fearful and debt laden consumers. The following story asserts that the [British] Virgin Islands inhabits a paradoxical place. It sits between a UK austerity culture, and a world apparently drowning in cash. But the country cannot access that cash.
Austerity in the midst of financial abundance
Dickson Igwe
Physical and economic recovery for the Virgin Islands, post the natural disasters of September 2017, requires a fitting of the country’s economic restorative models into the molds of the twin western economic cultures of stimulus and austerity.
‘We are ready to march with you against Gov't'- Resident tells Hon Fraser
SEA COWS BAY, Tortola, VI - During a public meeting on Wednesday, February 21, 2018 at the Valerie O. Thomas Community Centre in Sea Cows Bay, Tortola, held by Third District Representative, Honourable Julian Fraser RA, he stated that the government does not need to borrow so much money which will put the territory in a vulnerable place.
UK Protocols restrict Territory’s borrowing – Hon Fraser
SEA COWS’ BAY, Tortola, VI – Representative for the Third District Hon Julian Fraser, RA said that the Protocols for Effective Financial Management to which the Virgin Islands must become compliant has removed every opportunity the Territory had as far as options to raise money were concerned.
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