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News

September 17th, 2019
UK prepared to address concerns of borrowing ratios- Premier Fahie

ROAD TOWN, Tortola, VI- With the public eager to hear how negotiations between the Virgin Islands delegation, led by Premier and Minister of Finance Honourable Andrew A. Fahie (R1), and United Kingdom officials on the UK Loan Guarantee, a press conference was held at the House of Assembly Conference Room today, September 17, 2019 where it was announced that the visit was “a resounding success”.

September 12th, 2019
Premier holds ‘productive’ meeting on VI-UK relationship & loan guarantee

LONDON, United Kingdom- Described as productive and positive, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has met with Minister of State at the Foreign and Commonwealth Office, Lord (Tariq M.) Ahmad of Wimbledon to discuss the Virgin Islands/United Kingdom relationship and the Loan Guarantee being offered by the United Kingdom (UK) for the rebuilding of the territory following the devastation by hurricanes Irma and Maria in September 2017.

September 9th, 2019
‘The days of bullying are gone’- Premier to UK Gov't

BAUGHERS BAY, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) in his contention to re-negotiate stipulations surrounding the United Kingdom (UK) Loan Guarantee has reaffirmed that no agreement will be signed unless certain amendments are made.

August 27th, 2019
Premier mum on UK response to loan guarantee concerns

VALLEY, Virgin Gorda, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has revealed that the United Kingdom (UK), through correspondence with the Virgin Islands (VI), has indicated they are willing to address some concerns regarding the Loan Guarantee issue facing the territory.

August 21st, 2019
‘No time for bickering & confusion’- Premier on UK Loan Guarantee

PARAQUITA BAY, Tortola, VI – In the first of a series of public consultations on the United Kingdom (UK) £300M Loan Guarantee conundrum facing the territory, Virgin Islands (VI) Premier and Minister of Finance Hon Andrew A. Fahie (R1) has called on the UK government to solidify any verbal commitments made that will address conflicts surrounding stipulations of the Guarantee.

March 27th, 2018
‘We have no other option. If we leave it we will sink’- Premier Smith

ROAD TOWN, Tortola, VI - As the debate on the proposed Bill entitled, Virgin Islands Recovery and Development Agency Act 2018 wrapped up yesterday, Monday, March 26, 2018 and with many members of parliament opposing the Bill, Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) made one last attempt to get the members of the House of Assembly (HoA) to vote yes.

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