Stimulus recipients urged to submit statements on use of funds
Premier Andrew A. Fahie (R1) made the call during a May 26, 2021, update on current affairs in the territory.
Recipients of COVID-19 stimulus grants from the inception were asked to account for the use of the funding. This was relayed to them via a letter that accompanied their cheques.
“I want to remind the recipients of the various economic stimulus packages, that when they received the funds, they committed to providing statements to confirm how they utilised the funds provided and to provide data on the impact this funding support had on their ventures,” he said.
The premier pleaded with persons to not delay sending in the information, which he said will allow the ministries to close off the paperwork and complete reports to account for the monies given.
Updating of stats & record
Hon Fahie informed that COVID-19 also “exposed a number of flaws and weaknesses within our systems in the BVI, in particular certain areas of reporting and statistics.”
He said some aspects of the government’s records were not up to date or were not being kept up to date, and one area where that was happening was the farmers and fishermen's register, which is now being rectified through the stimulus with information received.
“We recognise that the status of all these persons needs to be regularised in the system. The objective is not to stir up any blame game or to point fingers at any public officers but to finally get it right.”
Hon Fahie's said the objective also is to take what was learned and to strengthen the systems with the aim of building resilience towards future economic shocks and catastrophic weather and climate events.
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29 Responses to “Stimulus recipients urged to submit statements on use of funds”
Thats it, its all gone!
Thanks for keeeping the lights on
It’s hasn’t been 1 year and it’s a business decision to determine how fast you should spend based on your business strategy.
Different strokes for different folks.
Fix what you can in your business and save in case of necessity because it doesn’t look like they will do that again. Everyone should have & there be no complaints, no bad mind, no rushing.
This is is why we can’t have nice things.
People calling for a list instead of calling for widespread national grant & stimulus systems....check.
Meanwhile we could get a Covid outbreak and have another lockdown imposed upon us at any day.
Duh call for a better for yourself don’t be crabs in a bucket.
I thought it was a good change of pace from the previous elite society wannabes to hear normal people getting assistance.
Next time they will know what to do. Put the money into walls, planes, & unnecessary big shot contracts. Right?
Plz don’t. One $120k contract can pay for 20 business BVI stimulus style or 100 people if they did it like the US. If the population is 40,000 and some of those being children & visitors... It would cost under 50 million to give across the board $1200.00
Seems to me government has been overspending regularly instead of regular reinvestment in the community through a pool of funding for entrepreneurship and poverty reduction.
$11000 remaind ill get some tires buy some food for the side thing.... smfh