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Finance and Business
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.
Premier hints @ 'media conspiracy' to discredit VIP Gov't
DUFFS BOTTOM, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has hinted at a conspiracy by some sectors of the VI media to discredit him and the Virgin Islands Party (VIP) Government as they execute their duties and make legislative changes.
The Pandemic Economy
By Dickson C. Igwe
COVID-19 will determine the length of recession, the trajectory of recession, and the type of economic recovery the world experiences, not any type of stimulus.
BVIAA in 'heightened discussions' to fill void left by LIAT- Bevis A. Sylvester
BEEF ISLAND, VI- With the news that regional carrier LIAT may be liquidated, Chairman of the BVI Airports Authority (BVIAA), Mr Bevis A. Sylvester has said the BVIAA is now in heightened discussions with at least two airlines to fill the void.
$40M stimulus grant handed over to VIP Gov’t by SSB
ROAD TOWN, Tortola, VI- Just over a month after Premier and Minister of Finance, Hon Andrew A. Fahie (R1) had announced that Social Security Board (SSB) had agreed to assist his Virgin Islands Party (VIP) Government with $40M as part of the $62.9M Phase 2 Economic Stimulus Plan, the money has been handed over.
Fake News! Hon Fahie debunks article on crypto currency wealth loophole
ROAD TOWN, Tortola, VI - Virgin Islands Premier and Minister of Finance, Hon Andrew A. Fahie (R1) yesterday, July 2, 2020, found himself to be a target of an online phishing campaign designed to get Virgin Islanders to make investments into offshore businesses, including a bakery and the cryptocurrency market.
Companies not paying NHI should 'stop taking it out pay cheques' - Hon Turnbull
DUFF'S BOTTOM, Tortola, VI - Calling for the National Health Insurance (NHI) programme, controversially implemented in 2016, to be funded properly for it to work for the people of the Virgin Islands (VI), Second District Representative and Opposition Member, Honourable Melvin M. Turnbull said some local companies continue to deduct monies from employees' salaries; however, they do not pay over the funds.
VI 'Medicinal Cannabis Licensing Act 2020' passes in HoA
DUFFS BOTTOM, Tortola, VI - Having its third and final reading at around 22:30hrs yesterday, Tuesday, June 30, 2020, in the Virgin Islands House of Assembly (HoA), the controversial VI 'Medicinal Cannabis Licensing Act, 2020' was passed with amendments.
Opposition wants to ‘micromanage’ government- Premier Fahie
DUFF'S BOTTOM, Tortola, VI- Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has said Her Majesty’s Loyal Opposition, led by Opposition Leader Honourable Marlon A. Penn (R8) wants to micromanage the Government of the Virgin Islands; however, it will not happen under his watch.
Hon Penn fears VI becoming 'Sodom & Gomorrah'
DUFFS BOTTOM, Tortola, VI- Opposition Leader, Hon Marlon A. Penn (R8) has raised concerns over the rate at which the Premier Andrew A. Fahie (R1) led Government is passing controversial laws, noting that he does not want the Territory to become like the Biblical 'Sodom and Gomorrah'.
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