After prompting from the United Kingdom, the Virgin Islands House of Assembly may soon consider a bill that will bring increased transparency to government’s finances and spending.
But not all of the information that the bill obligates the VI government to provide to the UK will be required to be made available to the public, according to the bill’s most recent draft.
A version of the 2012 amendment to the 2004 Public Finance Management Act was introduced in the HOA on Sept. 3 and published in the Gazette on Sept. 13.
For the first time, the bill will enjoin the VI government to provide to the UK’s Foreign and Commonwealth Office detailed information about the state of the territory’s economy, plans for the near future, and every “major project” being undertaken by the government.
See the Sept. 27, 2012 edition for full coverage.
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