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March 27th, 2024
VI doing 'very well' but some not positioning themselves for success– Premier

ROAD TOWN, Tortola, VI– Virgin Islands (VI) Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has called on [British] Virgin Islanders to position themselves to be able to benefit from the territory's growing tourism economy.

March 20th, 2024
Hon Penn slams Gov’t over unspent budgeted monies

ROAD TOWN, Tortola, VI – Opposition Member Hon Marlon A. Penn (R8) has slammed the Dr the Hon Natalio D. Wheatley (R7) led government over unspent budgeted monies that have returned to the treasury rather than being pushed into economic development in the [British] Virgin Islands.

March 6th, 2024
Willock expresses disappointment in racetrack saga; Wants matter resolved

SEA COWS BAY, Tortola, VI- Former Speaker of the House of Assembly (HoA) Mr Julian Willock has again expressed his disappointment in the continued standoff between the Government of the Virgin Islands and the Thomas family over a lease agreement for lands at Ellis Thomas Downs in Sea Cows Bay.

December 22nd, 2023
UK @ risk of recession after economy shrinks

LONDON, United Kingdom- The United Kingdom (UK), ‘the mother country’, is at risk of recession after revised figures showed the economy shrank between July and September.

November 22nd, 2023
VIP Gov’t forecasting increased revenue from taxes in 2024

ROAD TOWN, Tortola, VI– The Government of the Virgin Islands (VI) is forecasting an overall revenue increase from its government services and taxes by $5.65 million over 2023 revenues to $382.67 million in 2024.

November 22nd, 2023
Some 60% VI public servants considered ‘working poor’- Premier Wheatley

ROAD TOWN, Tortola, VI– An adjustment of the Virgin Islands (VI) minimum wage is underway to improve wages for persons specifically in the public service, referred to as the ‘working poor” in the territory by the Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7), in his 2024 Budget Speech delivered on November 21, 2023.

November 4th, 2023
The Capital Mix

Dickson C. Igwe

The story on capital in the series asks a question relevant to the layperson in economics: What mix of scarce resources best fits in with the outcome and vision of an investor, policy maker, or even a consumer looking at starting a business? That is key to why the creative management of capital is vital for prosperity.

October 26th, 2023
Opposition proposes gov’t borrows to tackle infrastructure, slow economy & crime

ROAD TOWN, Tortola, VI– Leader of the Opposition Hon Ronnie W. Skelton (AL), on behalf of the Members of the Opposition, has proposed the Government and Opposition work together to find ways to address economic and other challenges affecting the people of the Virgin Islands, including borrowing money to fix infrastructure.

December 29th, 2022
VI in a ‘hallmark of sheer anxiety’ over recent events- Hon Penn

EAST END, Tortola, VI - Minister for Health and Social Development under the Unity Government, Hon Marlon A. Penn (R8) has kicked off his 2023 elections campaign pitch with a letter to the East End/Long Look community, promising to continue representing the district and the Virgin Islands, despite the unmitigated levels of anxiety being experienced by citizens.

December 23rd, 2022
2023 Budget passed to tune of $412M; Now with Governor for assent

DUFF’S BOTTOM, Tortola, VI - The 2023 Budget of the Virgin Islands (VI) has been passed the tune of $412,971,110, at the Ninth Sitting of the Fourth Session of the Fourth House of Assembly on December 21, 2022.

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