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Finance and Business

September 18th, 2019
'Don't make UK Loan Guarantee issue political'- Ray A. George

BAUGHERS BAY, Tortola, VI - "It didn't seem like I missed much," were the words of former BVI Ports Authority (BVIPA) Director, Mr Ray A. George while commenting on a series of Opposition sponsored meetings on the United Kingdom (UK) Loan Guarantee issue facing the territory.

September 17th, 2019
UK prepared to address concerns of borrowing ratios- Premier Fahie

ROAD TOWN, Tortola, VI- With the public eager to hear how negotiations between the Virgin Islands delegation, led by Premier and Minister of Finance Honourable Andrew A. Fahie (R1), and United Kingdom officials on the UK Loan Guarantee, a press conference was held at the House of Assembly Conference Room today, September 17, 2019 where it was announced that the visit was “a resounding success”.

September 17th, 2019
'VI never defaulted on loans'- Hon Fraser on UK Loan Guarantee

SEA COWS BAY, Tortola, VI - With Opposition meetings on the United Kingdom/Virgin Islands relations and the UK Loan Guarantee continuing tonight September 17, 2019, in the Cane Garden Bay community, Opposition Leader Hon Marlon A. Penn (R8) is calling for the territory to take the loans, arguing that BREXIT is yet another factor that remains a concern for the territory.

September 17th, 2019
200 complete job training boot camp

ROAD TOWN, Tortola, VI - Over 200 registrants under Premier Andrew A. Fahie (R1) 1000 Jobs in 1000 Days Programme, benefited from mandatory training under a workforce boot camp held at Eileene L. Parsons Auditorium at the H. Lavity Stoutt Community College (HLSCC) in Paraquita Bay, Tortola.

September 16th, 2019
'Let us come together & focus on development'- Hon Turnbull

EAST END, Tortola, VI - Opposition Member and Second District Representative, Hon Melvin M. Turnbull aka 'Mitch', in accusing the current and former administrations of acting in contravention to the law regarding the functions of the Recovery and Development Agency (RDA), has urged the Hon Andrew A. Fahie (R1) led Government to focus on the development of the territory instead of the politics surrounding the stipulations of the United Kingdom (UK) Loan Guarantee.

September 13th, 2019
Contractors deliver on promise to donate $40K to ESHS

ROAD TOWN, Tortola, VI- The four contractors on the Elmore Stoutt High School (ESHS) L-Shaped Building Project have donated $10,000 (ten thousand dollars) each to the continuing development of the school.

September 13th, 2019
'We are wasting alot of time'- Hon Vanterpool on VI recovery

SEA COWS BAY, Tortola, VI - Fourth District Representative Hon Mark H. Vanterpool says it is concerning that two years has elapsed since the passage of hurricanes Irma and Maria, yet the territory is still short of executing its full recovery efforts.

September 12th, 2019
Premier holds ‘productive’ meeting on VI-UK relationship & loan guarantee

LONDON, United Kingdom- Described as productive and positive, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has met with Minister of State at the Foreign and Commonwealth Office, Lord (Tariq M.) Ahmad of Wimbledon to discuss the Virgin Islands/United Kingdom relationship and the Loan Guarantee being offered by the United Kingdom (UK) for the rebuilding of the territory following the devastation by hurricanes Irma and Maria in September 2017.

September 12th, 2019
‘We shouldn’t have to beg’- Premier to big businesses

MEYERS ESTATE, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has urged successful business persons in the Virgin Islands to take a page out of Mr Peter Haycraft’s book and give back to the territory as a gesture of gratitude.

September 10th, 2019
Premier Fahie off to UK to seek ‘common ground’ on Loan Guarantee

ROAD TOWN, Tortola, VI- “I want to assure all stakeholders that the Government of the Virgin Islands will be traveling to the UK with an open mind, and aiming to find common ground and to chart a course that is in the best interest of the generations of Virgin Islanders – now, tomorrow and in the further future.”

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