US allocates $41.14M to USVI airports in response to COVID-19
It said US Secretary of Transportation Elaine L. Chao announced today, the US Department of Transportation’s (DOT) Federal Aviation Administration (FAA) will award $41,145,247 in airport aid to two airports in the US Virgin Islands to help respond to the COVID-19 public health emergency.
According to the press release, this historic grant funding is part of the President Donald J. Trump Administration’s newly created Coronavirus Aid, Relief, and Economic Security (CARES) Act Airport Grant Programme, an effort to provide unprecedented and immediate relief to American families, workers, and businesses.
“This $10 billion in emergency resources will help fund the continued operations of our nation’s airports during this crisis and save workers’ jobs,” said US Transportation Secretary Elaine L. Chao.
This funding will support continuing operations and replace lost revenue resulting from the sharp decline in passenger traffic and other airport business due to the COVID-19 public health emergency. The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments.
Any financial help from UK?
Meanwhile, the Government of the Virgin Islands is still waiting clear word from the United Kingdom (UK) on its request for a grant to assist persons made employed due to the COVID-19 pandemic.
Governor Augustus J. U. Jaspert on March 30, 2020, had said Premiers and Governors from across the Overseas Territories are speaking to the UK Government about their needs on an ongoing basis and the UK Government made a formal request for detailed information from all Overseas Territories on March 17, 2020 and the UK Government is now expecting the VI Government to set out its overall plans for minimising the economic impact of COVID-19.
“As fiscal management and social security are responsibilities of the BVI Government, the UK Government needs to consider the request made on Friday [March 27] in the context of our own BVI Government plans.”
Governor Jaspert had suggested; however, that the VI is capable of handling its own mitigation efforts.
“We have healthy reserves and the Social Security Board Fund is very robust,” Governor Augustus J. U. Jaspert had said.
14 Responses to “US allocates $41.14M to USVI airports in response to COVID-19”
.
..