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‘VI’s economy remains solid'- Hon Lorna G. Smith

-economy not negatively impacted by Middle East Conflict
The strength of the economy of the Virgin Islands remains solid, Junior Minister for Financial Services and Economic Development, Honourable Lorna G. Smith, OBE, (AL) has said. Photo: Facebook
In light of the ongoing conflict in the Middle East, Junior Minister for Financial Services and Economic Development, Honourable Lorna G. Smith, OBE (AL) affirmed that it has not negatively affected the Virgin Islands’ economy. Photo: Internet Source
In light of the ongoing conflict in the Middle East, Junior Minister for Financial Services and Economic Development, Honourable Lorna G. Smith, OBE (AL) affirmed that it has not negatively affected the Virgin Islands’ economy. Photo: Internet Source
ROAD TOWN, Tortola, VI – “The strength of the economy of the Virgin Islands remains solid," Junior Minister for Financial Services and Economic Development, Honourable Lorna G. Smith, OBE, (AL), has said.

She made this comment during the Virgin Islands Voice program, which aired on March 25, 2026. 

Toursim main driver of economy

The Junior Minister stated that tourism is the main driver of the Virgin Islands' economy.

“We know that our economy is based on the twin pillars of tourism and financial services. We see every day, in fact, even now, we see three ships in our harbour every day, our overnight tourists continue to come, and the number of flights coming into the airport continues to increase, and that side of it, tourism continues to be very solid.”

Hon Smith further reported that financial services and new incorporations grew by 9% between last year and this year. 

VI economy not negatively impacted 

In light of the ongoing conflict in the Middle East, she affirmed that it has not negatively affected the Virgin Islands’ economy. However, she expressed hope for a quick resolution. 

“With the conflict in the Middle East, between the United States, the Israelis, and the Iranian, it does cause some pause, but we certainly hope that it is going to be a short conflict but right now, the economy of the British Virgin Islands has not been negatively impacted.”

21 Responses to “‘VI’s economy remains solid'- Hon Lorna G. Smith ”

  • BuzzBvi (07/04/2026, 13:56) Like (16) Dislike (1) Reply
    She so happy. More money to put in her pocket.
    • Fran (10/04/2026, 00:02) Like (3) Dislike (0) Reply
      If this were not affecting us, why did gas prices spike at the pumps already?
  • smh (07/04/2026, 14:13) Like (21) Dislike (0) Reply
    go sit in the corner
  • Xxx (07/04/2026, 14:57) Like (8) Dislike (36) Reply
    we giving her 4 more years for sure
    • Yes !!! (07/04/2026, 19:11) Like (2) Dislike (29) Reply
      The silent majority will show up for Hon.Lorna Smith. They dont blog ,they dont march ,they dont talk much but the know quality and know where they want to take the BVI and they constitute the greatest% of voters. Dont mind all the noise.
  • TRUTH TELLER (07/04/2026, 18:15) Like (20) Dislike (1) Reply
    When lies became true, but to who? Hon. Lorna Smith, the B.V.I economy is not close to as strong as you would have us to believe. If you think that I lied, then invit some of the minimum wage workers to tell of the hardship that they have faced, and are continuing facing, and especially currently facing lately as basic prices of survival need keep on climbing daily.
    Well we know that you are partly responsible, but moreso our Premier that care little of small income earners are including the rich, and the very persons that he claimed are our downpresser. The clear cut difference between he and them is that they their ethnicity differ, but the lust for material posessions differs not.
    However, I must hand it to you. You do know how to lie, and fool many in your corner, Lorna, but for how long?, not long, but as long as the 6:00 AM next general elections morning. Twelve hours after then, the VIP will be officially fired, liars.
    • @truth teller (08/04/2026, 01:33) Like (16) Dislike (1) Reply
      This is what Lorna wants . Vip to get fired. So NDP with Mark close to the helm to execute their plans smh
      She will win no matter what.
      She hasnt answer to the millions of dollars from bank of Asia.
      • Fran (10/04/2026, 00:05) Like (1) Dislike (0) Reply
        True. Where is the money from the Bank of Asia? Someone has to account for it or go to prison.
    • How ?? (08/04/2026, 09:14) Like (2) Dislike (0) Reply
      Please explain how the hon.Lady is solely responsible for the minimumwage issue.Its always curious to me how you all bring all this smoke to Hon.Smith but are cowards and bring NONE of it to the Liberator Hon.Fraser. Why is she portrayed as some kind of traitor when he did the exact same thing but nothing is said. Set of hypocrites
  • @xxx (07/04/2026, 19:01) Like (17) Dislike (0) Reply
    'We' who?
    • HMMM (08/04/2026, 00:56) Like (7) Dislike (1) Reply
      How does she know ? What does she know.? Just trying to be relevant, trying to be in the News..She has no knowledge of what she is talking about.
  • Laffabitt (07/04/2026, 21:35) Like (13) Dislike (0) Reply

    They take our money $10m put in a bank where the UK ruled the owners are corrupt and dishonest. They gave themselves loan from the bank. They said they're retired now they coming back. They coming back for more of our moneys so they could continue living rich and happy from our moneys stolen give contracts to drug dealers to wash their moneys and get the kickbacks while we dumba$$es continue voting them back in while we sillya$$es suffer.

  • ausar (08/04/2026, 01:46) Like (5) Dislike (0) Reply
    Yet with a booming economy, minimum wage is still, seven bucks, and a few cents!

    NOT, TEN BUCKS!!

    You see, the proof is in the pudding!

    As long as there are poor people in this society, the economy's health, will always be, " a look, in the glass darkly"!!!
  • Truth (08/04/2026, 04:40) Like (2) Dislike (1) Reply
    Thanks to the white bread that keeps us living. Now let's have our cake and eat it.
  • --------------------------- (08/04/2026, 10:39) Like (0) Dislike (1) Reply
    the lady has been in our corner for years
  • Dim Sum (08/04/2026, 10:45) Like (7) Dislike (0) Reply
    Lorna what are your metrics used to base your perception on? Ships in the harbors?? Nah. What is the RPI and CPI for 2025 vs 2026? You are touted as this financial services sector and yet you're lacking in areas.

    Things are booming financially for you and your siblings - the vast majority are feeling the squeeze.
  • Big Richard (08/04/2026, 12:48) Like (5) Dislike (1) Reply
    Despite her and her husband “losing” $12.5 million in Taxpayers monies.
  • Wellsah (08/04/2026, 17:41) Like (0) Dislike (0) Reply
    give us the numbers then? how much in registration fees for the entities established?
  • The Stickett News (08/04/2026, 19:52) Like (0) Dislike (0) Reply
    Explain the 5 million deposit of Taxpayers money please.
  • Herbs Powa (08/04/2026, 20:43) Like (0) Dislike (1) Reply
    Payback time soon reach for Corna Lorna. We voted out Vip last time and Corna Lorna spoil it, and jumped in their Corna.
  • Really? (11/04/2026, 08:25) Like (0) Dislike (4) Reply
    This from a woman who has a fat bank account and continues to milk the government with her 'expertise'. A woman that has shares in her siblings many successful businesses. A woman who could have afforded to send her grand babies to Montessori to be educated. A woman that drives a luxury car, and lives in a beautifully designed and furnished home in one of the better parts of this island. So yes Madam, you are right the economy is thriving.


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