News
Cabinet approves financial support for VI’s athletes qualifying for 2024 Olympics
ROAD TOWN, Tortola, VI- Athletes qualifying for the 2024 Summer Olympics in Paris can look forward to final support from the Government of the Virgin Islands as they prepare for competition.
Plaskett secures over $10M for USVI community projects in federal bill
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI - The passage of the Consolidated Appropriations Act 2024 by the U.S. House of Representatives earlier this week was a moment of triumph for Congressional Delegate Stacey Plaskett, who reported that twelve of her office’s Community Project Funding Requests were included in the measure.
COP28: We will promote the VI’s 'readiness to receive funding & investment'- Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has said the [British] Virgin Islands’ presence at the 2023 United Nations Climate Change Conference (COP28) in the United Arab Emirates (UAE) presents an excellent opportunity to advocate in an international forum for the needs of Small Island Developing States (SIDS) that are especially vulnerable to ill-effects of climate change.
Hundreds of millions needed for recovery projects in VI- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has said hundreds of millions of dollars are needed to fund hurricane recovery and development projects in the [British] Virgin Islands and he is seeking the United Kingdom’s support in getting the necessary loans.
Gov’t receives $1.3M grant for RESEMBID BVI SMART Initiative
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands has received grant funding to execute the RESEMBID BVI SMART © Initiative - SMART Schools Project in the amount of €1,300,448.47 EUR, which is equivalent to $1,316,243.37 USD.
Significant funding pledged for US Territories: Health & Education to benefit
VI CONSORTIUM
CHARLOTTE AMALIE, St. John, USVI - The US Virgin Islands, along with other Insular Areas, will benefit from a generous funding allocation as the US Department of the Interior’s Office of Insular Affairs announced on Monday, May 23, 2023, in grants to the tune of $4,279,808 for the fiscal year 2023.
US Gov't gives USVI over $2.3M for waste & storm water infrastructure
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- The US Environmental Protection Agency (EPA) on Friday, March 31, 2023, announced over $126.86 million from the 2023 Consolidated Appropriations Act for states, Tribes, and territories through this year’s Clean Water State Revolving Funds for the US Virgin Islands, Puerto Rico, and the states of New York and New Jersey.
Elon Musk says Stacey E. Plaskett peddled 'lame propaganda'
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- Tech visionary and the world's richest man, Elon Musk, has taken aim at US Virgin Islands (USVI) Delegate to Congress Stacey E. Plaskett following comments Ms Plaskett made Thursday, March 9, 2023, calling into question the source of funding for Mr Musk's $44 billion purchase of Twitter.
USVI to receive $18.3M this year from US under 'historic legislation'
VI CONSORTIUM
FREDERIKSTED, St Croix, USVI- The US Virgin Islands is set to receive $18.3 million in fiscal year 2022 but for the next five years, a total of $96 million will be granted to the territory under the Bipartisan Infrastructure Law for repairing and rebuilding roads and highways.
UK PM Johnson facing probe over funding of 2019 holiday
LONDON, United Kingdom- Allegations of corruption continue to rack up against embattled United Kingdom Prime Minister Alexander Boris de Pfeffel Johnson aka ‘Boris’, with the latest possible breach being that he was not honest about funding for a Caribbean vacation he took in 2019.