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Finance and Business
Moleto A. Smith Jr approved by HoA for BVIHSA’s Chairman post
WICKHAM'S CAY I, Tortola, VI- Eight lawmakers on Thursday, July 29, 2021, voted for Mr Moleto A. Smith Jr to become the new chairman of the BVI Health Services Authority (BVIHSA) during the 10th Sitting of the Third Session of the Fourth House of Assembly (HoA) held virtually.
Hon Turnbull made no noise when brother given Gov't consultancy– Dr Wheatley
WICKHAM'S CAY 1, Tortola, VI – Deputy Premier and Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture, Dr the Hon Natalio D. Wheatley (R7) has called out hypocrisy in the Virgin Islands (VI) Opposition regarding government issuing consultancies.
HoA votes to exempt Hon Neville A. Smith from vacating seat
WICKHAM’S CAY 1, Tortola, VI- The House of Assembly (HoA) has voted to exempt Deputy Speaker and Territorial At Large Member Hon Neville A. Smith from vacating his seat after the company the legislator is a Director of entered into two contracts with the Government of the Virgin Islands.
HoA meets today, July 29, 2021 for Virtual Emergency Meeting
WICKHAM'S CAY 1, Tortola, VI- The House of Assembly (HoA) of the Virgin Islands has convened today, Thursday, July 29, 2021, in an all-virtual emergency sitting.
VIP Gov't in discussion for return of American Airlines to VI
ROAD TOWN, Tortola, VI- Notwithstanding the challenges that plague the territory’s aviation industry, such as the need for an updated, longer runway, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has been in discussion regarding the return of American Airlines to the Virgin Islands.
VI & other territories pledge to work together @OT Finance Ministers meeting
ROAD TOWN, Tortola, VI- The importance of working together as jurisdictions on issues of “critical importance”, including financial issues, was highlighted at a virtual meeting of Overseas Territories (OT) Finance Ministers on July 26, 2021.
Premier slams Opposition for peddling misinformation on Ministerial Advisors
ROAD TOWN, Tortola, VI- In a live broadcast that lasted almost 40 minutes, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) cleared the air and slammed Opposition Leader Honourable Marlon A. Penn (R8) for his comments on the Cabinet’s decision to appoint political advisors for ministers.
Lord Ahmad admits flaws with UK financing models for small states
ROAD TOWN, Tortola, VI- The United Kingdom (UK) government has finally admitted that there are flaws in its financing models for small states like the [British] Virgin Islands (VI), an issue flagged by the Government of the Virgin Islands Premier, Honourable Andrew A. Fahie (R1), since 2019, in his refusal to access a £300m loan guarantee for recovery and development efforts after Hurricanes Irma and Maria of 2017.
Approval of Ministerial Political Advisors ‘adds salt to the wound’- Opposition Leader
ROAD TOWN, Tortola, VI- In a lengthy press release, which has already been dubbed as hypocritical and a slap in the face of Virgin Islanders, Opposition Leader Honourable Marlon A. Penn (R8) who had chastised the Virgin Islands Government to hastily open up the borders and has since been silent during the COVID-19 explosion, has broken his silence to lambast the decision of Cabinet to approve the hiring of Ministerial Political Advisors.
Ministerial Political Advisors is ‘aligned with what is done in UK’- Premier Fahie
ROAD TOWN, Tortola, VI- Following the announcement by Cabinet that it has granted approval for Ministers and Junior Ministers to be assigned Ministerial Political Advisors and that the position will attract no more than $120,000 per year, there have been criticisms from some members of the public about the expenses to be incurred while some have challenged the need for the positions.
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