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Finance and Business
Corona & a National Social Fund
Dickson C. Igwe
Tiny economies cannot print massive reserves of cash, by raising vast amounts of financial capital from global investors, such as multi-trillion dollar economies can.
Premier requests ‘full report’ into 'departure' of Ex-Tourism Director
ROAD TOWN, Tortola, VI- Following the controversial early send-off of Mrs Sharon P. Flax-Brutus as the Director of the BVI Tourist Board (BVITB), six months before her intended date of departure, Premier and Minister with the portfolio for Tourism, Honourable Andrew A. Fahie (R1) said he has requested a ‘full report’ from the Tourist Board on the matter.
'These are not the times when only the Governor went to college'- Premier
ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has reiterated calls for the UK to define and revisit its conditions surrounding the Protocols for Effective Financial Management in the Virgin Islands (VI) so that the Territory can move ahead with borrowing money from its reserves and create a sound COVID-19 economic stimulus package.
Fahie-led Gov't announces 3 months amnesty on electricity bills
ROAD TOWN, Tortola, VI- As the Virgin Islands Party (VIP) Government continues to roll out its economic stimulus package in a calculated way, it has now announced it is collaborating with the BVI Electricity Corporation (BVIEC) to offer a 3-month amnesty on electricity bills for 'qualifying' persons individuals and businesses.
VI can flexibly 'breach' financial protocols to borrow $$$ - Gov Jaspert
ROAD TOWN, Tortola, VI - Governor of the Virgin Islands (VI), His Excellency Mr Augustus J. U. Jaspert aka 'Gus' has fired back at Premier Andrew A. Fahie (R1) over statements that certain conditions surrounding the Protocols for Effective Financial Management is hampering the government from moving full speed ahead with its COVID-19 economic reboot.
Fake News! Ex Tourism Director was NOT escorted by Police
ROAD TOWN, Tortola, VI- Our news centre, well established for its accuracy, has investigated reports and headlines circulating in social media and some in the local press fraternity that the former Director of the BVI Tourist Board (BVITB), Mrs Sharon P. Flax-Brutus, was escorted out of the Tourist Board Office by Police. That information has been found to be false and misleading.
Majority in Opposition helped to constrain VI finances - Premier Fahie
ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says even as the Virgin Islands' (VI) Opposition Members tout their own 'COVID-19 Strategic Economic Recovery Plan', the majority of the members helped to create constraints in accessing financial resources for the Territory.
Sharon P. Flax-Brutus ‘immediately’ out as Tourism Director
ROAD TOWN, Tortola, VI- Mrs Sharon P. Flax-Brutus is no longer the Director of Tourism as the Board of Directors of the BVI Tourist Board (BVITB) has made a decision to make her resignation effective immediately.
Dean B. Fahie tipped for Acting MD @ BVI Ports Authority
PORT PURCELL, Tortola, VI- Word reaching our news centre from persons familiar with the appointment is that Operations Manager at the BVI Ports Authority (BVIPA) and former Deputy Commissioner of Customs, Mr Dean Byron Fahie has been recommended by the Board of Directors to act in the post of Managing Director.
Opposition snubbed meetings to provide updates on District needs- Premier Fahie
ROAD TOWN, Tortola, VI- As the Opposition has been coming to the media as truly caring for the people and portraying to have all the answers in this global coronavirus pandemic, while accusing the Government of shutting them out, it has been revealed that they absented themselves from several meetings that provided them opportunities to give feedback on the needs of their districts as elected representatives.
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