News
Former CDB President Dr William W. Smith dies
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has said the Virgin Islands (VI) will forever remember the pivotal role the late Dr William W. Smith played in the territory.
Total public sector debt @ $145.95 million- 3rd Quarter Report
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands reported that the total public sector debt is $145.95 million, consisting of fifteen (15) standard loans, as the third quarter of 2025 comes to an end.
CDB 'looks forward to supporting development plans of BVIEC'- CDB Division Chief
ROAD TOWN, Tortola, VI- "The Caribbean Development Bank looks forward to supporting the development plans of the BVIEC as it leads the transition of the energy sector to catalyse the sustainable development of the territory and improve lives and livelihoods of the population by reducing the cost of energy and improving the reliability and resilience of energy services."
Premier Wheatley in Brazil on 2nd leg of high-level meetings overseas
BRASILIA, Brazil, SA- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) is currently in Brazil on his second leg of three high-level meetings overseas.
Premier Wheatley away from the Territory for high-level meetings
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) left the Territory yesterday, Sunday, June 8, 2025, to attend high-level meetings in the United States and the region.
CDB gives go ahead to procurement process for WE Ferry Terminal construction
WEST END, Tortola, VI- The Virgin Islands Recovery and Development Agency (RDA) has received a "No Objection" from the Caribbean Development Bank (CDB) to advance the procurement process for the construction of the West End Ferry Terminal and temporary facility.
Premier Wheatley attending CDB’s Annual Meeting in Canada
ONTARIO, Canada- Premier of the Virgin Islands, Dr the Honourable Natalio D. Wheatley (R7) is attending the 54th Caribbean Development Bank (CDB) Annual Meeting in Ontario, Canada from June 18 to 21, 2024.
Portion of CDB loan to go towards new West End Ferry Terminal Project- VI Gov't
WEST END, Tortola, VI- The Government of the Virgin Islands (GOVI) has received financing from the Caribbean Development Bank (CDB) in an amount equivalent to US$65,291,000, and some will be allocated for the construction of the West End Ferry Terminal.
Hon Lorna G. Smith is Acting Premier & Minister of Finance
ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Financial Services, Labour and Trade, Honourable Lorna G. Smith, OBE (AL), has been appointed to act as Premier and Minister of Finance from June 18 to June 21, 2023, while Premier Dr the Hon Natalio D. Wheatley (R7) is away from the Virgin Islands.
CDB 'pleased to directly engage' VI Gov't & 'strengthen relationship'- CDB President
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has met with officials of the Caribbean Development Bank (CDB) as the Government of the Virgin Islands (VI) moves to strengthen its relationship with the lending institution.
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