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December 12th, 2023
UPDATE: HoA Budget Debate abruptly rescheduled to December 18, 2023

ROAD TOWN, Tortola, VI- Late last night, December 11, 2023, around 10:30 PM, members of the media were informed that the Budget Debate scheduled for this morning December 12, 2023, has been postponed.

November 28th, 2023
Budget 2024: Health Ministry projected to receive largest budgetary allocation

PARAQUITA BAY, Tortola, VI – The Ministry of Health and Social Development under Honourable Vincent O. Wheatley (R9) is projected to receive the largest budgetary allocation in the 2024 Budget, according to Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7).

November 27th, 2023
Education Ministry allocated $2.85M for capital projects in 2024 budget

ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Dr the Honourable Dr. Natalio D. Wheatley while delivering the 2024 Budget address has outlined the fiscal package which included funding for local education under Subject Minister Sharie B. de. Castro (AL) to the tune of $53.38M.

November 25th, 2023
$20M allocated to Works Ministry for capital works in 2024 Budget

ROAD TOWN, Tortola, VI - The Ministry of Communications and Works under Hon Kye M. Rymer (R5) is set to receive 15.92% of the total budget or $74,950,000 to fund a variety of infrastructural development projects in the Virgin Islands (VI) as set out in the 2024 budget, including the expansion of the T.B. Lettsome International Airport.

November 23rd, 2023
Budget Standing Finance Committee (SFC) started today, Nov 23, 2023

ROAD TOWN, Tortola, VI - Two days after Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) delivered the second budget address of his young premiership, the House of Assembly (HoA) has today November 23, 2023, gone into the Standing Finance Committee (SFC) of the House, for the proposed 2024 budget.

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.

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