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Finance and Business

December 19th, 2021
Local poultry farm doubles capacity with VIP Gov’t support

PARAQUITA BAY, Tortola, VI – The KNK Poultry Farm located in Paraquita Bay, Tortola, in the Virgin Islands (VI) has reportedly doubled its chicken capacity from 20,000 to 40,000 birds through the Fahie Government support to foster greater food security in the VI.

December 19th, 2021
Jr Minister role in current form an 'empty title'- Hon de Castro

ROAD TOWN, Tortola, VI – Junior Minister for Tourism at At-Large Representative, Hon Sharie B. de Castro (AL) has called for clearly defined roles as Junior Minister and the possibility of budgetary allocations as part of the Job.

December 18th, 2021
Taddy Bay’s re-opening to commercial flights ‘brings hope' to VG - Premier

VALLEY, Virgin Gorda, VI – Virgin Islands Premier and Minister for Finance, Hon Andrew A. Fahie (R1) said the first commercial flight to land at the recently re-opened, Taddy Bay International Airport, brings hope to the people of Virgin Gorda and its economy.

December 16th, 2021
2022 Budget passed to tune of $397,174,331

ROAD TOWN, Tortola, VI - After some three weeks of Standing Finance Committee (SFC) hearings, and two days of virtual debates, the Virgin Islands (VI) House of Assembly (HoA) late last evening December 15, 2021, approved the Government’s 2022 National Budget.

December 16th, 2021
Hon Fahie wants more UN support as region tackles COVID pandemic

BRIDGETOWN, Barbados – Virgin Islands Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has advocated for more support from the United Nations as the Caribbean region battles the COVID-19 pandemic and its variants.

December 15th, 2021
Time for equal $$ allocations to At-Large & District Reps- Hon deCastro

ROAD TOWN, Tortola, VI – Junior Minister for Tourism at At-Large Representative, Hon Sharie B. de Castro (AL) has called for reform to budget allocations given to At-Large representatives in the Virgin Islands (VI) House of Assembly (HoA) as compared to District Representatives.

December 15th, 2021
Hon Penn predicts bleak future for VI without expat workers

ROAD TOWN, Tortola, VI – Virgin Islands Opposition Leader Hon Marlon A. Penn (R8) is predicting a bleak economic future for the territory should expat workers leave and fuel a labour shortage.

December 15th, 2021
Resources raised to aid Public Officer left paralysed after accident

ROAD TOWN, Tortola, VI – In an effort to assist Public Officer, Colin Stevens with his rehabilitative efforts following a paralyzing accident, the Public Service of the Virgin Islands have partnered with businesses and non-profit organizations to raise funds and offer support.

December 12th, 2021
Estimated $2.9M paid towards 2017 increments so far- Gov’t HR

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) Department of Human Resources had announced that a two-phase approach will be employed for the completion of 2018 increment payments for the 2017 work year, with an estimated $2.9M already paid, however, some employee reports are still pending for payments.

December 12th, 2021
Cape Air bookings now match pre-COVID levels - Premier Fahie

ROAD TOWN, Tortola, VI – Cape Air is reporting that the demand for flights from San Juan, Puerto Rico into Virgin Gorda, Virgin Islands (VI) is so high, it is showing figures that closely matched those existing before the start of the COVID-19 pandemic.

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