Beautiful Virgin Islands

Tuesday, Jun 03, 2025

UK pulling out of funding RDA

UK pulling out of funding RDA

The United Kingdom will be pulling its contributions from the Recovery Development Agency (RDA) - the body which was set up after the 2017 disasters to manage fund for the rebuilding process.

Premier Andrew Fahie said the UK government will be pulling its contributions by the end of the first quarter of 2021 because they don’t agree with his government’s revised version of the previous NDP administration’s Recovery & Development Plan.

Among other things, the revised plan makes more contracts available to locals and allows for the BVI to renegotiate the terms and conditions of loans offered by lending institutions such as the Caribbean Development Bank (CDB).

But Premier Fahie said the UK has signalled that the revised plan is not what they initially agreed to.

“During the budget [preparations], we learned that they not only disagreed with the revised Recovery & Development Plan, but they’re pulling out their funding from the RDA come March or April,” Premier Fahie explained.

“The reason they are pulling out their funding is that the Recovery & Development Plan was done from them (the UK) to the RDA. But the revised Recovery & Development Plan was not what they agreed to initially, so the funding from the RDA, they’re pulling out … How can you claim freedom from BREXIT but we can’t claim freedom from certain documents with you?” Premier Fahie questioned.

“External grants and philanthropic funders” account for $2.8 million.

Last October, the UK government handed over some $250,000 to assist the BVI in rebuilding two important public buildings in the BVI.

Of the total amount, $187,000 was allocated to assist with constructing a new Magistrate’s Court while $70,000 was earmarked for rebuilding Road Town Police Station.

At that time, Governor Jaspert said after the 2017 hurricanes, the BVI received two UK government grants of $17 million and $14 million.

He also said some public buildings including the Virgin Gorda Police Barracks, the Jost Van Dyke Admin Complex and the temporary courts, were built with funds from the UK.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×