News
UK Loan Guarantee now a 'lost opportunity' for VI- Premier Wheatley
ROAD TOWN, Tortola, VI– Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has referenced the proposed £300M loan guarantee for hurricane recovery and development by the United Kingdom (UK) as a lost opportunity.
‘It is time UK get a new loan for reparations’- Hon Julian Fraser RA
ROAD TOWN, Tortola, VI- Leader of Her Majesty’s Loyal Opposition, Honourable Julian Fraser RA (R3) has called for reparations from the United Kingdom (UK) for the descendants of slaves, while noting that this must be captured in the pending reformed Constitution of the Virgin Islands.
Gov’t to take up ‘something like a loan’ for infrastructure works- Premier Wheatley
ROAD TOWN, Tortola, VI– Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) says his coalition government is looking to take up ‘something like a loan’ for more infrastructural works in the Virgin Islands (VI).
‘NDP left over $20M in lawsuits behind!’- Premier tells Opposition Leader
ROAD TOWN, Tortola, VI - Virgin Islands (VI) Premier and Minister for Finance Hon Andrew A. Fahie (R1) has reminded Opposition Leader Hon Marlon A. Penn (R8) that the former National Democratic Party (NDP) left millions in lawsuits behind when they were ousted from office in 2019.
Gov’t refinances Peebles Hospital loan & realises $1.6M in savings
DUFF’S BOTTOM, Tortola, VI – The Government of the Virgin Islands (VI) has refinanced the new Peebles Hospital construction project (Dr. D. Orlando Smith Hospital), by ending a $45M loan agreement with Banco Popular signed in 2009, in favor for a new lower interest loan agreement from Republic Bank.
From COVID-19 - Trials & Tribulations - Racial Inequality
Alred C. Frett
The COVID-19 War is on & the Virus Battle is far from won:
Even as COVID-19 remains a dreadful disease it supports the old saying that the bad wind that blows up the Rooster’s tail also exposes its fine underbelly… For months we have been witnessing a disconnect from reality, a crashing of economies, a fight for equality and a universal lack of leadership… Things have changed more in 6 months than we ever thought possible in 6 years.
Unelected Governor fires back @ Premier Fahie
ROAD TOWN, Tortola, VI – In damning allegations, Premier and Minister of Finance Hon Andrew A. Fahie (R1) in a Saturday, August 17, 2019 statement had accused United Kingdom (UK) officials in the Virgin Islands (VI) of deliberately failing to investigate the National Democratic Party (NDP) Government, leaving the door open for UK imposed policies on the territory’s finances among other strategic plans to control the territory.
'$50M loan agreement is not something you glance through'- Hon Christian
ROAD TOWN, Tortola, VI - Honourable Archibald C. Christian (AL), Junior Minister for Tourism, during the Fourth Sitting of the Third Session of the Third House of Assembly (HoA) on Thursday April 26, 2018, expressed that there must be an “informal” meeting with all the members of the House to understand documents that need approval in the House especially when it is debating something as important as borrowing $50 million from the Caribbean Development Bank (CDB).
Please explain how the Virgin Islands Recovery & Development Agency Act of 2018 passed?
Anonymous opinion
Somehow after days of acrimonious testimony in the House of Assembly that revealed a shocking absence of transparency regarding this legislation, deep divisions within the National Democratic Party, and a general lack of understanding about public finance, the House of Assembly found it prudent to pass this legislation without any further public commentary.
'You don’t help the people, we going to get hang' - Hon Vanterpool
ROAD TOWN, Tortola, VI - As the members of the House of Assembly (HoA) are in a heated debate over the Virgin Islands Recovery and Development Agency Act 2018, Honourable Mark H. Vanterpool (R4), Minister Communication and Works, told the House during his contribution that if the people of the territory does not receive the needed help, they will “hang” them, while adding that the members should not turn away the help from the United Kingdom (UK).
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