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Finance/Business

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MOF and DPU work together to prepare fiscal framework for VI

Thursday, March 11 – Employees from the Ministry of Finance and the Development Planning Unit (DPU) recently participated in an Expenditure Forecasting workshop, geared towards readying both departments to prepare a fiscal framework for the Virgin Islands.... Full story »
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$1M to purchase land for VG hospital - Minister Penn

One million dollars was the price to complete the purchase of the land to build the new Virgin Gorda hospital, disclosed Minister of Health and Social Development Hon. Dancia Penn, who added that Government is now seeking to get the designs for the medical facility.... Full story »

LIME launcHes mylime customer portal

Tortola, British Virgin Islands – March 11, 2010: Starting today, LIME customers now have even easier access to their accounts on-line and to many other LIME products and services thanks to the launch of LIME’s new and convenient MyLIME Customer Web Portal. ... Full story »
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Gov’t to scrutinize spending in 2010 – Premier

The operational spending for 2010 is estimated to be some $250.5M against revenues that are projected to be in the region of $271.6M announced Premier Ralph T. O’Neal as he delivered the 2010 annual budget in the House of Assembly on Friday morning. ... Full story »
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Govt. signs water purchase contract with Ocean Conversion BVI

Thursday, March 4 – Government signed a contract with Ocean Conversion BVI Limited today for the purchase of water from the Bar Bay Desalination Plant located on the eastern end of Tortola at a ceremony held in the Premier’s Conference Room.... Full story »
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2009 inflation rate lower than 2008 - Development Planning Unit Report

Preliminary statistics from the Development Planning Unit (DPU) reveal that the inflation rate for the Virgin Islands for 2009 was approximately three percent compared to 7.5 percent in 2008.... Full story »
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BiWater contract to address sewerage issues

Tuesday, February 23 – Minister for Communications and Works Hon. Julian Fraser, RA has affirmed that the contract signing between the Virgin Islands Government and BiWater not only addresses the water problems on Tortola but also the sewerage issues in Road Town.... Full story »
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Procurement Unit Coordinator talks about numismatics

Tuesday, February 23 – Coordinator of the Procurement Unit of the Ministry of Finance, Mrs. Ishma Hodge-Rhymer is encouraging members of the public to learn more about numismatics, which is the study and collection of coins.... Full story »
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It is normal for investors to borrow from local banks - Premier

Government officials have cleared the air on the bank loan UK water company BiWater is seeking to begin its water and sewerage project in the Territory.... Full story »
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Talk show hosts recommend legal action over BiWater contract

Concerned citizens may take legal action against Government over the signing of the BiWater contract.... Full story »
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