Beautiful Virgin Islands

Monday, Aug 04, 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
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
Tesla Seeks Shareholder Approval for $29 Billion Compensation Package for Elon Musk
Nvidia is cutting prices on its RTX 50-series graphics cards after sales slowed and inventories piled up
Ghislaine Maxwell Transferred to Minimum-Security Prison Amid Ongoing DOJ Discussions
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Matt Taibbi Slams Media for Role in Russiagate Narrative
Pilots Call for Mental Health Support Without Stigma
All Five Trapped Miners Found Dead After El Teniente Mine Collapse
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Nationwide Protests Erupt in Brazil Demanding Presidential Resignation
Parents Abandon Child at Barcelona Airport Over Passport Issue
Mystery Surrounds Death of Brazilian Woman with iPhones Glued to Her Body
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
U.S. Opens Official Investigation into Former Trump Prosecutor Jack Smith
Leaked audio of Canada's new PM Mark Carney admitting the truth about the Net Zero agenda: "We're gonna make a lot of money off of this."
China Enforces Comprehensive Ban on Cryptocurrency Activities
Absolutely 100% Realistic EVO Series Doll by EXDOLL (Chinese Company) used mainly for carnal purposes
World Economic Forum founder Klaus Schwab: "In this new world, we must accept... total transparency. You have to get used to it. You have to behave accordingly. But if you have nothing to hide, you shouldn't be afraid."
Meet Mufti Hamid Patel, head of Office for Standards in Education in Pakistan
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
Decline in Tourism in Majorca Amidst Ongoing Anti-Tourism Protests
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
Poland Begins Excavation at Dziemiany After New Clue to World War II‑Era Nazi Treasure
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Threatens Canada with Tariffs Over Palestinian State Recognition
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Trump Sues Murdoch in “Heavyweight Bout”: Lawsuit Over Alleged Epstein Letter Sets Stage for Courtroom Showdown
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
J.K. Rowling Limits Public Engagements Citing Safety Fears
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Procter & Gamble to Raise U.S. Prices to Offset One‑Billion‑Dollar Tariff Cost
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
×