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Finance and Business

November 16th, 2021
W&SD losing approximately $22M annually- Finance Minister

DUFF'S BOTTOM, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie has bemoaned that the Water and Sewerage Department (WSD) is carrying serious deficits of more than $20 million each year; however, that will soon change.

November 16th, 2021
Sovereignty: Caribbean Regional Integration's Greatest Obstacle

Edgar Leonard

Karen E. Bravo suggests in---CARICOM, the Myth of Sovereignty and Aspirational Economic Integration---that one of CARICOM biggest obstacles and challenges in attaining its vision and mission of regional integration is sovereignty.

November 15th, 2021
Large crowd showed up for Budget Address 2022

DUFFS BOTTOM, Tortola, VI- When Premier and Minister of Finance Honourable Andrew A. Fahie (R1) presented his $397.17M Budget for 2022 on November 11, 2021, not only were many persons tuned in via radio, Youtube, Facebook and other virtual platforms but quite a large number of persons chose to hear the budget presentation in person.

November 15th, 2021
Long overdue Consumer Protection Act to be implemented next year

DUFF'S BOTTOM, Tortola, VI- Premier and Minister of Finance Hon. Andrew A. Fahie (R1) has promised to have the Consumer Protection Act 2020 come into effect in 2022.

November 15th, 2021
Gaming Commission Board to be setup no later than Jan 1, 2022- Premier

DUFF’S BOTTOM, Tortola, VI – The territory is making concrete moves to establish its gambling and gaming sector, with the establishment of a Gaming Commission Board.

November 14th, 2021
VI Gov't hands over newly built home to resident of West End

WEST END, Tortola, VI- Fresh Water Pond, West End resident, Mr Franklyn Smith has received the keys to a newly built home on behalf of Troy Smith and the Smith Family as the Housing Recovery Assistance Programme continues to assist families in need.

November 14th, 2021
Close to 38,000 travellers entered VI in recent months

DUFF'S BOTTOM, Tortola, VI- In spite of the ongoing COVID-19 pandemic affecting the world and travel, just shy of 38,000 travellers entered the Virgin Islands in the past few months, with the bulk of that figure registered as visitors.

November 13th, 2021
Premier Fahie, VI delegation join OT leaders @ Joint Ministerial Council

LONDON, UK – Virgin Islands Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) is attending the annual Overseas Territories (OT) Joint Ministerial Council (JMC) in the United Kingdom (UK), which will be the first JMC in-person meeting since 2019 due to the COVID-19 pandemic.

November 12th, 2021
Medical marijuana industry delayed ‘but will not be denied’- Premier Fahie

DUFF’S BOTTOM, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Hon Andrew A. Fahie (R) has pointed out that the United Kingdom's delay of the territory’s medical marijuana industry is one that continues to rob the country of proven economic benefits.

November 11th, 2021
Premier Fahie 'proudly' presents $397.17M Budget 2022

DUFFS BOTTOM, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) minutes ago, November 11, 2021, presented a $397.17M Budget for 2022, a 4th national budget in less than three years and done in timely fashion despite the challenges of the pandemic and burden of the ongoing United Kingdom-backed Commission of Inquiry (CoI).

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