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OTs to discuss more flexibility of fiscal frameworks @ next JMC 2023– Premier Wheatley
BAUGHERS BAY, Tortola, VI– Governments of British Overseas Territories (OTs) are looking for more flexibility in fiscal frameworks and accessing financing in order to mitigate risks should a disaster related to climate change strike, according to Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7).
UK wants financial protocols upheld but 'will agree to flexibility'- Gov Jaspert
ROAD TOWN, Tortola, VI - Governor of the Virgin Islands, H.E. Augustus J.U. Jaspert at his June 30, 2020, press conference has indicated that the UK will not be relaxing the Protocols for Effective Financial Management, however, will maintain its position where the Virgin Islands can 'temporarily breach' the protocols to borrow money.
VI to petition UK to amend Financial Protocols due to COVID-19
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands will be seeking to negotiate with the Government of the United Kingdom for certain terms of the Protocols for Effective Financial Management (PFEFM) to be relaxed or amended to allow Government to freely seek immediate relief funding in light of the negative economic impacts of the COVID-19 pandemic.
Stop playing around in HOA- Cromwell Smith
ROAD TOWN, Tortola, VI- There has been yet another call for Honourable Members of the Virgin Islands House of Assembly to take the business of the Territory more seriously.
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