News
Guide to Gov’t’s borrowing policies & debt management operations launched
ROAD TOWN, Tortola, VI- The Ministry of Finance marks a significant milestone, with the completion and publication of the 2024-2026 Medium Term Debt Strategy (MTDS).
Rasheda Hodge appointed Official Receiver
ROAD TOWN, Tortola, VI- Ms Rasheda Hodge has been appointed Official Receiver at the Ministry of Finance.
HoA returns today with Speech from the Throne & new legislation
DUFF’S BOTTOM, Tortola, VI – The Virgin Islands' House of Assembly (HoA) will return today, January 18, 2022, at the Save the Seed Energy Centre with the highly anticipated Speech from the Throne written by the Government and delivered by the Governor.
2022 Budget passed to tune of $397,174,331
ROAD TOWN, Tortola, VI - After some three weeks of Standing Finance Committee (SFC) hearings, and two days of virtual debates, the Virgin Islands (VI) House of Assembly (HoA) late last evening December 15, 2021, approved the Government’s 2022 National Budget.
'Everyone has to vacate the Admin Complex'- Premier Fahie
ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says all offices occupying the hurricane-damaged Hon Ralph T. O'Neal Administration Complex will be relocated to facilitate repair works to the state-owned building.
'I shouldn't be helping the Gov't, but I got to'- Hon Turnbull tells HoA
ROAD TOWN, Tortola, VI - When the Eleventh Sitting of the First Session of the Fourth House of Assembly (HoA) of the Virgin Islands commenced on Thursday, October 17, 2019, at the HoA Chambers in Road Town, Tortola, legislators were already primed for what would be a long day of proceedings.
Late payments for some Public Officers
ROAD TOWN, Tortola, VI - Some Public Servants in the Virgin Islands (VI) have not been paid at the end of September 2019, as a result of upgrades to the enterprise and accounting software being utilised by the government.
This week we feature Young Professional Duane A. Fraites
By M. Gary Eleazar
At just 36 years-old, our Young Professional featured this week is a Virgin Islander who has impressively rose to the rank of Assistant Director of Projects , Projects Unit, Ministry of Finance, currently in a lead role in the rebuilding efforts in the Territory following the devastation of the 2017 Hurricanes.
VI must reflect on financial independence achieved 40 years ago
By E. Benito Wheatley
It should not be taken for granted that the Virgin Islands (BVI) is today financially self-sufficient or that the Government’s finances are managed by a Minister of Finance, appointed from among the elected representatives of the Legislature (i.e. House of Assembly).
Missing, incomplete documents stall Pier Project Forensic Audit—Premier
ROAD TOWN, Tortola, VI - The promised detailed forensic audit into the Cruise Pier Project—plagued by a more than $40M cost overrun—has been stalled since, “information requested or referred to in the report has not been located or would need to be corroborated by persons no longer connected with the BVIPA (BVI Ports Authority).”