Beautiful Virgin Islands

Monday, Oct 06, 2025

Budget 2022: Premier Fahie to present 4th budget in less than 3 years

Budget 2022: Premier Fahie to present 4th budget in less than 3 years

Virgins Islands (VI) Premier and Minister of Finance, Hon Andrew A. Fahie (R1) will this morning November 11, 2021, present the Appropriation (2022) Act, 2021, better known as the 2022 Budget, at the Save the Seed Energy Centre in Duff's Bottom, Tortola.
Budget plans


As part of its annual estimates for the year 2022, the Premier will detail the government's monetary plans and announce big decisions on how his administration will spend the people's money.

Some of the key focus areas will include but are not limited to tourism, ports, education, healthcare, utilities, infrastructure, border and law enforcement, the financial services sector, social services, disaster management, and E-Governance.

The Premier is also expected to announce innovative new economic drivers outside of the main economic pillars, that can complement the local economy in the era of COVID-19 and generate additional income.

Budget 2022 is scheduled to be presented at the Save the Seed Energy Centre in Duff's Bottom, Tortola, the current setting for the VI House of Assembly.


Order of the Day


According to the Order Paper for this morning’s sitting, which is the Thirteenth Sitting of the Third Session of The Fourth House of Assembly scheduled to start at 10:00 am, the Premier will move motions for both the first and second reading of the Appropriation (2022) Act, 2021 ahead of his usually detailed budget address.

After the historic address, which will be the fourth budget in less than 3 years for the Fahle-led Virgin Islands Party Administration, the Premier and Minister of Finance will move another motion that the debate on the merits and principles of the Bill be deferred until a later date.

On the same day, a final motion will be moved so that the Annual Estimates for the year 2022 can be referred to the Standing Finance Committee in accordance with Standing Order 67, and then the HoA will move into Private Members Business and Other Business before an adjournment.

What we know so far


Deputy Premier and Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture, Dr the Honourable Natalio D. Wheatley (R7) has proposed an allocation of $2M to address some of the immediate issues plaguing public schools.

Teachers have been staging protests in the form of a sickout, and the money requested is expected to address some of the longstanding issues, including that of mold, dilapidated classrooms, and poor educational facilities that have existed since the Hurricanes of 2017.

The latest budget is also expected to cater to the territory’s ongoing COVID-19 strategy, given the 2021 budget had to be re-adjusted as a result of unbudgeted pandemic expenses.

Meanwhile, today’s sitting and Budget Address will be live-streamed on the House of Assembly’s YouTube page, Facebook, ZBVI 780 AM, CBN 90.9 FM and Flow TV – Channel 101.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
FBI Removes Agents Who Kneeled at 2020 Protest, Citing Breach of Professional Conduct
Trump Alleges ‘Triple Sabotage’ at United Nations After Escalator and Teleprompter Failures
Shock in France: 5 Years in Prison for Former President Nicolas Sarkozy
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
European Officials Fear Trump May Shift Blame for Ukraine War onto EU
BNP Paribas Abandons Ban on 'Controversial Weapons' Financing Amid Europe’s Defence Push
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
Italy Considers Freezing Retirement Age at 67 to Avert Scheduled Hike
Italian City to Impose Tax on Visiting Dogs Starting in 2026
Arnault Denounces Proposed Wealth Tax as Threat to French Economy
Study Finds No Safe Level of Alcohol for Dementia Risk
Denmark Investigates Drone Incursion, Does Not Rule Out Russian Involvement
Lilly CEO Warns UK Is ‘Worst Country in Europe’ for Drug Prices, Pulls Back Investment
Nigel Farage Emerges as Central Force in British Politics with Reform UK Surge
Disney Reinstates ‘Jimmy Kimmel Live!’ after Six-Day Suspension over Charlie Kirk Comments
U.S. Prosecutors Move to Break Up Google’s Advertising Monopoly
×