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article under the tag
UK loan guarantee

August 11, 2022

UK loan guarantee off the table

Several recovery projects are far behind schedule as the fifth anniversary of Hurricane Irma approaches, but Premier Dr. Natalio “Sowande” Wheatley said during a Aug. 8 press conference that the …

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by Dana Kampa
February 26, 2021

Opposition leader calls for ‘stimulus 2.0’

As the first anniversary of the Covid-19 pandemic approaches, Opposition Leader Marlon Penn recently highlighted a need for additional relief while addressing the pandemic, the tourism industry and other economic …

Continue reading “Opposition leader calls for ‘stimulus 2.0’”

by Dana Kampa
February 28, 2020

Premier: Revised Recovery to Development Plan in UK hands

After submitting a revised Recovery to Development Plan to the United Kingdom in September, the Virgin Islands government is now waiting to learn whether the UK will approve the territory’s …

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by ZARRIN TASNIM AHMED
January 30, 2020

Opposition promises to hold government accountable

After losing former opposition member Alvera Maduro-Caines to the Virgin Islands Party and seeing the resignation of Recovery and Development Agency CEO Paul Bayly this month, opposition members acknowledged last …

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by Dana Kampa
January 16, 2020

RDA CEO resigns, citing scaled-back plans

Paul Bayly has resigned from his position as CEO of the Recovery and Development Agency, claiming that his skillset is no longer required given the reduced scale of works the …

Continue reading “RDA CEO resigns, citing scaled-back plans”

by Joey Waldinger
November 8, 2019

UK and VI in ‘technical’ talks on new recovery plan

The government is in discussions with United Kingdom officials about the new Recovery to Development Plan, which was submitted to the UK on Sept. 27 as part of ongoing efforts …

Continue reading “UK and VI in ‘technical’ talks on new recovery plan”

by ZARRIN TASNIM AHMED
November 3, 2019

Premier tables downsized recovery plan

Government tabled a new Recovery to Development Plan during the Oct. 17 House of Assembly sitting, introducing a 33-page document that is designed to replace the previous 116-page plan that …

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by ZARRIN TASNIM AHMED
October 3, 2019

Revised recovery plan submitted to UK

Cabinet has approved and submitted a revised Recovery to Development Plan to the United Kingdom as part of efforts toward securing a loan guarantee. Premier Andrew Fahie said Monday that …

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by ZARRIN TASNIM AHMED
September 19, 2019

Government ‘on the way’ to loan guarantee

After weeks of criticising the United Kingdom’s conditions for a recovery loan guarantee, Premier Andrew Fahie returned from a visit to London and said this week that his government is …

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by ZARRIN TASNIM AHMED
September 12, 2019

Opposition weighs in on loan guarantee

While Premier Andrew Fahie visited London this week following a public spat with United Kingdom officials, opposition members launched a series of community meetings and pushed back against Mr. Fahie’s …

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by ZARRIN TASNIM AHMED
September 9, 2019

FCO fires back at premier on loan guarantee

As Premier Andrew Fahie continued to criticise the United Kingdom’s offer of a £300 million loan guarantee for the hurricane recovery, the UK Foreign and Commonwealth Office fired back Monday …

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by ZARRIN TASNIM AHMED
August 22, 2019

Premier, guv face off over loan guarantee

In a surprise move last week, Premier Andrew Fahie publicly pushed back against the conditions the United Kingdom would attach to the £300 million loan guarantee that it first offered …

Continue reading “Premier, guv face off over loan guarantee”

by ZARRIN TASNIM AHMED
March 21, 2019

Governor explains the recovery loan delays

During a press conference on Friday, Governor Gus Jaspert emphasised the importance of recovery and development, including the £300 million United Kingdom loan guarantee that would allow the Virgin Islands …

Continue reading “Governor explains the recovery loan delays”

by GENEVIEVE GLATSKY

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