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News

May 29th, 2024
Guide to Gov’t’s borrowing policies & debt management operations launched

ROAD TOWN, Tortola, VI- The Ministry of Finance marks a significant milestone, with the completion and publication of the 2024-2026 Medium Term Debt Strategy (MTDS).

April 22nd, 2024
Rasheda Hodge appointed Official Receiver

ROAD TOWN, Tortola, VI- Ms Rasheda Hodge has been appointed Official Receiver at the Ministry of Finance.

January 18th, 2022
HoA returns today with Speech from the Throne & new legislation

DUFF’S BOTTOM, Tortola, VI – The Virgin Islands' House of Assembly (HoA) will return today, January 18, 2022, at the Save the Seed Energy Centre with the highly anticipated Speech from the Throne written by the Government and delivered by the Governor.

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.

November 3rd, 2019
'Everyone has to vacate the Admin Complex'- Premier Fahie

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says all offices occupying the hurricane-damaged Hon Ralph T. O'Neal Administration Complex will be relocated to facilitate repair works to the state-owned building.

October 18th, 2019
'I shouldn't be helping the Gov't, but I got to'- Hon Turnbull tells HoA

ROAD TOWN, Tortola, VI - When the Eleventh Sitting of the First Session of the Fourth House of Assembly (HoA) of the Virgin Islands commenced on Thursday, October 17, 2019, at the HoA Chambers in Road Town, Tortola, legislators were already primed for what would be a long day of proceedings.

September 30th, 2019
Late payments for some Public Officers

ROAD TOWN, Tortola, VI - Some Public Servants in the Virgin Islands (VI) have not been paid at the end of September 2019, as a result of upgrades to the enterprise and accounting software being utilised by the government.

March 1st, 2019
This week we feature Young Professional Duane A. Fraites

By M. Gary Eleazar

At just 36 years-old, our Young Professional featured this week is a Virgin Islander who has impressively rose to the rank of Assistant Director of Projects , Projects Unit, Ministry of Finance, currently in a lead role in the rebuilding efforts in the Territory following the devastation of the 2017 Hurricanes.

December 3rd, 2018
VI must reflect on financial independence achieved 40 years ago

By E. Benito Wheatley

It should not be taken for granted that the Virgin Islands (BVI) is today financially self-sufficient or that the Government’s finances are managed by a Minister of Finance, appointed from among the elected representatives of the Legislature (i.e. House of Assembly).

July 29th, 2018
Missing, incomplete documents stall Pier Project Forensic Audit—Premier

ROAD TOWN, Tortola, VI - The promised detailed forensic audit into the Cruise Pier Project—plagued by a more than $40M cost overrun—has been stalled since, “information requested or referred to in the report has not been located or would need to be corroborated by persons no longer connected with the BVIPA (BVI Ports Authority).”

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