Beautiful Virgin Islands

Saturday, Feb 22, 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
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
UK Prime minister, Mr. Keir Starmer, has stated that any peace agreement aimed at ending the conflict in Ukraine "MUST" include a US security guarantee to deter Russian aggression
×