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article under the tag
budget

December 22, 2022

House passes 2023 budget

Legislators celebrated the allocation of funds to several delayed capital projects before passing the 2023 budget on Dec. 21, but they also called attention to other stalled work and took …

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by Dana Kampa
December 6, 2022

Premier unveils $399m budget

Though the Virgin Islands’ 2022 fiscal policy was overshadowed by global economic crises and the lingering effects of the pandemic, Premier Dr. Natalio “Sowande” painted an optimistic picture of a …

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by Dana Kampa
September 2, 2022

House of Assembly approves $12.6 million in spending variations

After spending nearly seven hours in closed-door committee on Tuesday, the House of Assembly unanimously passed a motion approving a schedule of additional provisions, freeing up almost $12.6 million in …

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by ZARRIN TASNIM AHMED
June 12, 2022

HOA okays $31 million in spending variations

After spending nearly seven hours in closed-door committee on Tuesday, the House of Assembly passed a motion approving a Schedule of Additional Provisions on Tuesday with a unanimous vote, freeing …

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by Joey Waldinger
June 3, 2022

House of Assembly green-lights 2021 supplementary spending

Unanticipated expenses including security, arbitration, infrastructure, and public servant increments required legislators to approve supplementary spending for 2021 and 2022, Premier Dr. Natalio “Sowande” Wheatley said on May 26 in …

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by Dana Kampa
December 27, 2021

Government passes nearly $400 million 2022 budget

After more than twelve hours of debate over two days, the House of Assembly on Dec. 15 passed a nearly $400 million budget for 2022, with almost $337 million put …

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by Joey Waldinger
December 15, 2021

Government aims for growth in 2022 budget

Two contrasting pictures of the territory’s economic future emerged during the budget debate this week in the House of Assembly. Government legislators described 2021 as a successful year despite the …

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by Dana Kampa
Opposition Leader Marlon Penn holds up a page from the Ministry of Health and Social Development report on budget cuts to social programmes during Tuesday’s debate of the 2022 budget in a virtual House of Assembly sitting. (Screenshot: HOA)
November 19, 2021

Premier presents $397m budget

Following another year of economic struggles amid the Covid-19 pandemic, Premier Andrew Fahie promised a brighter 2022 during his budget address on Nov. 11. Government, he said, hopes to tap …

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by Dana Kampa
October 1, 2021

HOA okays almost $50m in spending changes

While lawmakers were working recently to avoid pandemic-related deficit spending, they saw some “interesting things” in the budget because of spending that was not “mindful,” Premier Andrew Fahie said in …

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by Dana Kampa
March 18, 2021

Government saw $30 million revenue shortfall during 2020

Legislators have often discussed the financial hardship caused by the Covid-19 pandemic, but they hashed out some of the details during last week’s House of Assembly sitting. The territory was …

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by Dana Kampa
October 20, 2020

Budget additions, stamp duty waiver affirmed

Nine resolutions recently approved by the House of Assembly appeared in the Gazette on Oct. 7, finalising an array of HOA decisions such as the addition of millions of dollars …

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by Dana Kampa
September 1, 2020

HOA approves reshuffle of 2020 budget

Because of government revenue losses during the Covid-19 pandemic, the House of Assembly recently decided to adjust the 2020 budget, approving $77 million in extra spending and shuffling tens of …

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by Dana Kampa
December 20, 2019

Opposition cries foul over HOA treatment

The opposition gave a press conference on Monday in which they criticised the fact that the budget debate on Friday initially proceeded without most opposition members present, although it later …

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by GENEVIEVE GLATSKY
December 20, 2019

House passes $414 million budget

On Friday members of the House of Assembly passed a $414 million budget following a lengthy debate over the Appropriations Act 2020. Throughout the debate, nearly every member stressed the …

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by GENEVIEVE GLATSKY
October 28, 2019

$710k festivals budget ballooned to $1.9 million in spending

The Virgin Islands Festivals and Fairs Committee started out the year with a budget of $710,000, which later was upped to $1.3 million before expenditures ultimately topped $1.9 million, according …

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by GENEVIEVE GLATSKY
May 4, 2019

HOA passes $427 million budget

The House of Assembly passed a $427,657,383 budget on Friday after two days of debate. The Appropriation Act 2019 “is now in its final stage before it can be fully …

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by GENEVIEVE GLATSKY
April 5, 2019

Premier unveils a ‘transitional budget’

Premier Andrew Fahie said that the 2019 budget, which he detailed at the House of Assembly on Tuesday, mainly reflects the past administration’s efforts but that his government was able …

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by GENEVIEVE GLATSKY
May 4, 2018

Lawmakers budget for a deficit in 2018

House of Assembly lawmakers unanimously passed the 2018 Appropriation Act on Friday, budgeting for a deficit for the first time in recent memory. The budget passed with amendments, and though …

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by Conor King Devitt

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