Press Release From Independent Source
Historic Loan Signing Ceremony!
Thursday, October 31, 2024, Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7), 2nd from left, made history by signing the largest loan agreement in the Virgin Islands’ history—a $100 million facility with CIBC First Caribbean Bank (Cayman) Limited. Photo: Facebook
ROAD TOWN, Tortola, VI- Today, Thursday, October 31, 2024, Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7), made history by signing the largest loan agreement in the Virgin Islands’ history—a $100 million facility with CIBC First Caribbean Bank (Cayman) Limited.
This pivotal funding will support critical infrastructure development across the Territory, aligning with the 2024-2026 Medium Term Fiscal Plan and Medium-Term Debt Strategy.
During the ceremony, Premier Wheatley emphasized the importance of this loan in enhancing living standards and fostering sustainable development for our communities.
Disclaimer: Virgin Islands News Online (VINO) welcomes your thoughts, feedback, views, bloggs and opinions. However, by posting a blogg you are agreeing to post comments or bloggs that are relevant to the topic, and that are not defamatory, liable, obscene, racist, abusive, sexist, anti-Semitic, threatening, hateful or an invasion of privacy. Violators may be excluded permanently from making contributions. Please view our declaimer above this article. We thank you in advance for complying with VINO's policy.
Follow Us On
Disclaimer: All comments posted on Virgin Islands News Online (VINO) are the sole views and opinions of the commentators and or bloggers and do not in anyway represent the views and opinions of the Board of Directors, Management and Staff of Virgin Islands News Online and its parent company.
3 Responses to “Historic Loan Signing Ceremony!”