News
$40M budget gap can be bridged by legalised marijuana- USVI Gov
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- “Framing our Financial Future” is the theme of the Governor Albert A. Bryan administration's budget covering fiscal years 2023 and 2024. The budget, which was submitted to the 34th Legislature Tuesday afternoon, May 31, 2022, among other things provides $16 million for public employees' wage increases and funding for about 1,200 vacancies across all government agencies.
Jr Minister role in current form an 'empty title'- Hon de Castro
ROAD TOWN, Tortola, VI – Junior Minister for Tourism at At-Large Representative, Hon Sharie B. de Castro (AL) has called for clearly defined roles as Junior Minister and the possibility of budgetary allocations as part of the Job.
Gov’t intends to build 13 homes, repair 25 in 2022 - Premier
DUFF’S BOTTOM, Tortola, VI – Virgin Islands (VI) Premier and Minister for Finance, Hon Andrew A. Fahie (R1) said the Ministry of Health and Social Development is aiming to construct 13 new homes and repair 25, in the coming year for residents whose homes were impacted by the 2017 hurricanes.
Medical marijuana industry delayed ‘but will not be denied’- Premier Fahie
DUFF’S BOTTOM, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Hon Andrew A. Fahie (R) has pointed out that the United Kingdom's delay of the territory’s medical marijuana industry is one that continues to rob the country of proven economic benefits.
Education Minister requesting $2M for 'complete overhaul' of schools
ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture, Dr the Honourable Natalio D. Wheatley (R7) is proposing an allocation of $2M to address some of the issues plaguing schools and has given elected members early notice that he will be seeking their support.
Adjusting budget is about being 'cautious' & not broke- Premier Fahie
ROAD TOWN, Tortola, VI- After Premier and Minister of Finance, Hon Andrew A. Fahie (R1) recently disclosed that Government is proposing an adjusted budget for 2021, considering the shortfall in projected national revenues, the Opposition was quick to suggest that the territory is broke.
Gov’t bringing revised budget due to COVID-19 revenue shortfalls
ROAD TOWN, Tortola, VI – Virgin Islands Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has proposed a revised budget for 2021, considering the shortfall in projected national revenues.
2021 Budget gets assent! Comes into force on Jan 1
ROAD TOWN, Tortola, VI - Acting Governor of the Virgin Islands, His Excellency David D. Archer Jr has given assent to the 2021 National Budget which is to the tune of $402,123,046.
Gov’t spent $57.4M in unbudgeted COVID-19 expenses so far - Premier Fahie
DUFF'S BOTTOM, Tortola, VI – The COVID-19 pandemic in the Virgin Islands (VI) has so far cost the territory a whopping $57.4 million in direct expenses that were not initially budgeted for in 2020, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has revealed.
PAID ARTICLE: Your financial discipline begins with your budget
By Banco Popular
ROAD TOWN, Tortola, VI- For many, the recommendations to stay home due to the COVID-19 pandemic imply working remotely, homeschooling or remote learning for children, and dealing with daily household chores that are now modified by the emergency, among other issues.

