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Finance and Business

August 22nd, 2019
Gov't keeping 'open mind' on UK Loan Guarantee

PARAQUITA BAY, Tortola, VI – Alluding that his government is keeping an ‘open mind’ in its decision to take up or not take up the UK Loan Guarantee proposal, Virgin Islands (VI) Premier, Hon Andrew A. Fahie (R1) has said the Virgin Islands Party (VIP) administration will remain firm in their beliefs of doing what is best for the people of the territory.

August 22nd, 2019
‘When you go to work, work’ – Premier Fahie

WICKHAM’S CAY I, Tortola, VI- Premier and Minister of Finance Hon Andrew A. Fahie (R1) has assured employees and employers signing on to the 1000 Jobs in 1000 Days initiative launched on August 21, 2019 that the programme is not about filling up space and imposing persons upon businesses.

August 22nd, 2019
'For Export Only' food labels spark online debate

ROAD TOWN, Tortola, VI - A post in "The REAL BVI Community Board," Facebook group has sparked a debate as concerns are being raised over the quality of food being imported into the territory owing to several imported items carrying the label 'For Export Only," while being retailed in the Virgin Islands (VI).

August 21st, 2019
200 plus sign up as 1000 Jobs in 1000 Days initiative launched

WICKHAM’S CAY 1, Tortola, VI- “Every posse must work (work work), Every posse must work (work hard), Cause if you not working, Yeah yeah then you gotta be loafing," sounded the lyrics of reggae artiste Barrington A. Levy at the cutting of the ribbon to symbolise the official launch of the Premier and Minister of Finance Honourable Andrew A. Fahie (R1) led 1000 Jobs in 1000 Days employment initiative at the Central Administration Complex on Wickham’s Cay 1, Tortola, today August 21, 2019.

August 21st, 2019
‘You don’t need no RDA!’- Julio S. Henry

PARAQUITA BAY, Tortola, VI- Recalling the historic and proud achievement in 1978 by the late Chief Minister Mr Willard Wheatley, who took the Virgin Islands out of Grant-in-Aid, which then resulted in the turnaround of the Virgin Islands economy, commentator Julio S. Henry aka’ Sam’ has urged Premier and Minister of Finance Honourable Andrew A. Fahie (R1) to renegotiate the terms and conditions of the United Kingdom Loan Guarantee or refuse the offer.

August 21st, 2019
‘We still feel frustration in the public service’- CoP Matthews

WEST END, Tortola, VI- Commissioner of Police Michael B. Matthews has pleaded with Premier and Minister of Finance Honourable Andrew A. Fahie (R1) to revisit some of the practices and procedures in the public service that may be outdated and may be causing unnecessary delays for projects and contracts to get off the ground.

August 21st, 2019
‘No time for bickering & confusion’- Premier on UK Loan Guarantee

PARAQUITA BAY, Tortola, VI – In the first of a series of public consultations on the United Kingdom (UK) £300M Loan Guarantee conundrum facing the territory, Virgin Islands (VI) Premier and Minister of Finance Hon Andrew A. Fahie (R1) has called on the UK government to solidify any verbal commitments made that will address conflicts surrounding stipulations of the Guarantee.

August 20th, 2019
Public meeting on UK Loan Guarantee tonight @ HLSCC

ROAD TOWN, Tortola, VI – With growing tensions between the United Kingdom appointed governor, Augustus J.U. Jaspert, and Premier and Minister of Finance, Hon Andrew A. Fahie (R1) over the terms of the conditions imposed by the UK Recovery and Development Loan Guarantees, the administration is moving ahead with its public consultations on the matter.

August 20th, 2019
Fly BVI suspends operations @ TB Lettsome Airport

BEEF ISLAND, VI- Some ten persons, including locals, were affected when air charter company Fly BVI Ltd suspended its operations based at Terrance B. Lettsome International Airport on Beef Island.

August 20th, 2019
Unelected Governor fires back @ Premier Fahie

ROAD TOWN, Tortola, VI – In damning allegations, Premier and Minister of Finance Hon Andrew A. Fahie (R1) in a Saturday, August 17, 2019 statement had accused United Kingdom (UK) officials in the Virgin Islands (VI) of deliberately failing to investigate the National Democratic Party (NDP) Government, leaving the door open for UK imposed policies on the territory’s finances among other strategic plans to control the territory.

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