The Virgin Islands financial services industry generated $196 million in revenue for the territory last year, up from $189.75 million the previous year, and kept the economy largely afloat during …
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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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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One Mart continues expansion
One Mart owner Mark Vanterpool thinks Virgin Islands residents should have more local places to shop. And by that, he means they shouldn’t have to go more than a few …
Budget address pushes airport, pier expansion
The World Bank has forecasted the “deepest global recession in eight decades” because of the Covid-19 pandemic, and the Virgin Islands is not exempt. Estimates show a $22 million dip …
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