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July 14th, 2022
'The next pillar is our people'- Premier Wheatley

ROAD TOWN, Tortola, VI- Builders operating in the Virgin Islands over the past weekend heard from Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) that after Financial Services and Tourism, the people of the Virgin Islands make up the territory’s next pillar.

May 31st, 2022
$40M budget gap can be bridged by legalised marijuana- USVI Gov


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.

November 16th, 2021
W&SD losing approximately $22M annually- Finance Minister

DUFF'S BOTTOM, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie has bemoaned that the Water and Sewerage Department (WSD) is carrying serious deficits of more than $20 million each year; however, that will soon change.

October 26th, 2021
Digicel to install state-of-the-art Wi-Fi system @ Pier Park

ROAD TOWN, Tortola, VI- Digicel and Tortola Pier Park Limited are ensuring that tourists visiting the Cyril B. Romney Tortola Pier Park will have access to world-class connectivity, thanks to a new state-of-the-art Wi-Fi system to be installed in the facility.

August 25th, 2021
BVIEC spending more than earning- Info in HoA reveals

DUFF’S BOTTOM, Tortola, VI- The Virgin Islands Electricity Corporation (BVIEC) may be raking in millions per year in revenues; however, this does not mean the Corporation is any better off.

May 4th, 2021
Figures being touted for medicinal marijuana industry 'totally off'- Hon Penn

BAUGHERS BAY, Tortola, VI- Opposition Leader Honourable Marlon A. Penn (R8), while claiming he is for the assenting of bills once they meet the criteria, has found another bone to pick with the Virgin Islands Party (VIP) administration, which has been on an active mission to find new revenue streams for the territory rather than continue to depend heavily on its vulnerable tourism and financial services industries.

December 13th, 2020
Budget debate begins Monday, Dec 14, 2020

DUFF’S BOTTOM, Tortola, VI- The debate for the 3rd budget in 20 months for the Virgin Islands Party (VIP) Government led by Premier and Minister of Finance, Hon Andrew A. Fahie (R1) begins in the House of Assembly (HoA) on Monday, December 14, 2020.

November 12th, 2020
$402M 2021 Budget announced for VI

DUFF’S BOTTOM, Tortola, VI- Under the theme, ‘INNOVATION: Building a stable, diverse, competitive economy with strong industries and partnerships for regional and international trade, by building and harnessing the creative capacity of our human capital’, Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) in a 2-hour ‘budget statement’ announced a $402,123,046 2021 National Budget for the Virgin Islands, today Thursday, November 12, 2020

July 21st, 2020
BVIEC still reeling from customer loss following 2017 hurricanes

ROAD TOWN, Tortola, VI- A significant number of customers of the BVI Electricity Corporation (BVIEC) are yet to be reconnected to the grid, resulting in a significant revenue loss for the power generation and distribution company.

July 16th, 2020
VI financial services holding strong but it’s not all a glory story- Elise Donovan

ROAD TOWN, Tortola, VI- One of the Territory’s major revenue earners, the financial services industry has been resilient and robust during the ongoing coronavirus pandemic; however, Chief Executive Officer of BVI Finance, Ms Elise Donovan said the local industry must not get comfortable but continue to be vigilant and proactive.

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