News
High recurrent expenditure a concern for VI Gov’t
PARAQUITA BAY, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said his Government has the “difficult task” of balancing important obligations like paying salaries and operating government with the need to control recurrent expenditure at sustainable levels while delivering on a holistic development agenda.
Premier Wheatley presents $399,838,963 Budget for 2024
PARAQUITA BAY, Tortola, VI- Under the theme ‘Planning, Priorities & Progress - Building a Sustainable Nation’, Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has presented a budget totalling &399,838,963 for 2024.
Another complex needed to cut down on rented spaces- Premier Wheatley
ROAD TOWN, Tortola, VI- Noting that the Government of the Virgin Islands is renting more spaces more then ever before, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said another complex, such as the Ralph T. O’Neal Administration Complex, needs to be built to lessen the recurrent expenditure.
Premier Wheatley presents $399.33M Budget for 2023
DUFF'S BOTTOM, Tortola, VI- In a Budget Address that lasted for more than 1 hour and 45 minutes, Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7) presented a conservative budget of $399.33M for 2023, which represented a decrease of $21.17M compared to the revised budgeted expenditure for 2022.
Premier Fahie 'proudly' presents $397.17M Budget 2022
DUFFS BOTTOM, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) minutes ago, November 11, 2021, presented a $397.17M Budget for 2022, a 4th national budget in less than three years and done in timely fashion despite the challenges of the pandemic and burden of the ongoing United Kingdom-backed Commission of Inquiry (CoI).
$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
‘This budget frightens me’- Hon Maduro-Caines
ROAD TOWN, Tortola, VI- Opposition Member and Sixth District Representative, Hon Alvera Maduro-Caines has said something must be done about the rising recurrent expenditure in national budgets.
'I don't like to see people fired but...'- Premier Fahie on public service
ROAD TOWN, Tortola, VI- With an already bloated civil service that devours a major portion of recurrent expenses, Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has said he is unwilling to unnecessarily increase the public service, a stance he said may gain him some unpopularity.
Where did the $$ go? Caller disappointed in Gov’t for past 4 years
ROAD TOWN, Tortola, VI- It has been well over two months that the National Democratic Party (NDP) Government was booted from office by the Virgin Islands electorate; however, the people continue to voice their dissatisfaction of the former administration.
Money talks! NDP Gov’t presents hour long $299,526,366 Budget for 2018
ROAD TOWN, Tortola, VI- In an hour long presentation, littered with the usual rhetoric and promises that often never see the light of day, Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) presented a $299.5M Budget in the House of Assembly today, March 19, 2018.
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