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VI Gov’t spends $8.9M annually on renting office space- Premier Wheatley
PARAQUITA BAY, Tortola, VI- The Government of the Virgin Islands spends some $8.9M annually to rent office space, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has disclosed.
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.
Nov 21, 2023, is Budget Day! Address to be delivered by Premier Wheatley
PARAQUITA BAY, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) will read his second Budget Address to the nation as Minister of Finance later this month.
VI’s 2022 end-of-year inflation rates projected at 6.4% - Premier
DUFF'S BOTTOM, Tortola, VI – As prices continue to rise and currency continues to buy fewer goods and services, the end-of-year projected inflation rate for 2022 in the Virgin Islands is now set a 6.4%, down from an 8.6% mid-year projection driven by price changes and fuel costs.
Standing Finance Committee deliberations start today, December 1, 2022
ROAD TOWN, Tortola, VI- Legislators will be busy for the next two weeks as the House of Assembly (HoA) is now in a Committee of the whole House known as the Standing Finance Committee (SFC).
Budget Address: RDA tasked with designing national library, museum & archive
DUFF’S BOTTOM, Tortola, VI- With the aim of further diversifying the local tourism industry, Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has announced that there will be a focus on culture and the development of new facilities, including a national library and museum.
$250K & 6 mths’ notice required to make BVI Music Festival a reality- Rhodni A. Skelton
DUFF’S BOTTOM, Tortola, VI- The BVI Music Festival, which has in the past attracted some big-name international artistes and many visitors to the shores of the Virgin Islands, will make a return in 2023 after a 10-year hiatus.
Prospect Reef Resort to be developed- Premier Wheatley
DUFF’S BOTTOM, Tortola, VI- With the prospect of increased airlift and maritime traffic to the territory, the Unity Government has said opportunities will be created for investors to increase the beds available in the Territory, along with tourism development projects to support the sector.
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.
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