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Focus on tourism doesn't mean less attention on financial services– Premier

Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley has assured the people of the Virgin Islands (VI) that a focus on tourism in the VI, does not mean less interest or attention is being placed on financial services. Photo: VINO/File
Dr the Hon Wheatley added that there are opportunities for the VI is the financial services space, which the government began pursuing prior to COVID. Photo: Internet Source
Dr the Hon Wheatley added that there are opportunities for the VI is the financial services space, which the government began pursuing prior to COVID. Photo: Internet Source
ROAD TOWN, Tortola, VI– Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has assured the people of the Virgin Islands (VI) that a focus on tourism does not mean less interest or attention is being placed on financial services.

"In fact, we continue to take steps to diversify the financial services markets with who we do business," Premier Wheatley added while noting that the VI continues to engage stakeholders in the area.

"Early last month I attended the first annual Africa-Caribbean Trade and Investment Forum in Barbados where representatives of government, industry, trade facilitation groups, and international financial institutions came together in an effort to cement and boost trade between Africa and the Caribbean," he said. 

VI will continue to pursue opportunities- Dr Wheatley 

Premier Wheatley added there are opportunities for the VI in the financial services space, which the government began pursuing prior to COVID. "We will continue to pursue this opportunity as we take steps to diversify our markets and further strengthen the resilience of the financial services industry," he added.

Dr Wheatley in early September had revealed that Financial services carried the VI when the tourism industry was halted as a result of Hurricane Irma and then the COVID-19 pandemic.

“We see the wisdom of our predecessors when they chose to establish our financial services industry in the 1980s,” he remarked in a statement on the 5th Anniversary of Hurricane Irma on September 6, 2022.

8 Responses to “Focus on tourism doesn't mean less attention on financial services– Premier”

  • long look me come from (26/09/2022, 21:48) Like (4) Dislike (8) Reply
    We need an election this slow premier must go!
  • Jah help me (26/09/2022, 23:23) Like (13) Dislike (0) Reply
    This dude thinking straight, or he get caught off guard by useless reporters?
  • Dictator (27/09/2022, 07:18) Like (0) Dislike (4) Reply
    YOU KEEP TALKING AS IF YOU ARE THE SAVIOUR OF THESE VIRGIN ISLANDS. LEADERSHIP STARTS FROM WITHIN. A TRUE LEADER LISTENS TO HIS PEOPLE. STOP MICRO-MANAGING. YOU KEEP TALKING ABOUT SELF-DETERMINATION. THE PEOPLE OF THE VIRGIN ISLANDS, ESPECIALLY OF JOST VAN DYKE AND ANEGADA WANT TO DETERMINE THEIR FUTURE; NOT WHAT YOU PERCEIVE TO BE THEIR WISHES. YOUR STYLE OF LEADERSHIP IS AKIN TO THAT OF THE LEADERS OF RUSSIA, CHINA, AND NORTH KOREA.
  • bvi islander (27/09/2022, 10:41) Like (1) Dislike (2) Reply
    Focus on the bl**dy roads and minimum wage fam we the lower class won't get any benefits from whatever the government focusing on in those industries
    • @Bvi islander (27/09/2022, 16:39) Like (0) Dislike (0) Reply
      Of course you benefit from those industries. If the Territory gets $$ from Financial Services then there's more money in the Government's pot to pay for roads, schools. etc.......
  • Native Senior Citizen of the British Virgin Islands (27/09/2022, 14:05) Like (1) Dislike (0) Reply
    "Pride goeth before the fall."


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