BVI News

BVI meets UK’s end-of-September deadline for recovery framework

Premier Andrew Fahie

The British Virgin Islands has met the end-of-September deadline issued by the United Kingdom to present its blueprint on the way forward for its recovery and development, Premier Andrew Fahie has said.

The deadline mentioned above was one of the decisions coming from the recent BVI\UK discourse on the UK’s loan guarantee offer for the recovery effort.

“I am extremely pleased to report that despite having to deal with two approaching storms within that two-week period, your government has met the September 27 deadline,” Premier Fahie said via a statement on September 30.

He said the Cabinet of the Virgin Islands was able to approve a revised ‘Recovery to Development Plan of the Virgin Islands 2019-2023.’

This, he explained, would serve as the framework to guide the territory’s recovery to development. He cited having residents benefit as a ‘guiding objective’.

More about the action plan 

The leader of government business also said a revised version of the recovery plan that details the various recovery and development projects would also be laid out in the House of Assembly for approval.

He pointed out that the undertaking was created with the sole purpose of putting residents first.

“We are optimistic that the revised framework will significantly increase the opportunities for you to more actively participate in and benefit from the economic activity that will flow from the recovery to development programme,” Fahie said.

He continued: “The plan will serve as an excellent foundation and launching pad for the longer-term National Sustainable Development Planning process now being commenced with the support of the United Nations Economic Commission for Latin America and the Caribbean. Continuing along the vein of participatory Government, Virgin Islanders will also have an opportunity to contribute to this process for shaping the future vision and development of this territory.” 

People will reap rewards

Meanwhile, Fahie said residents of the territory will reap considerable benefits from this strategy.

He said: “Once the ‘People’s Plan’ is accepted by the UK Government, BVI contractors and service providers will have better prospects in securing business opportunities. This will result in more jobs for you the people, which will allow you to provide for the needs of your families; to provide roofs over heads and food on tables.”

The Premier further said it would increase citizens’ earning and spending power, which will benefit other local businesses such as supermarkets, clothing stores, food vendors, restaurants and bars, vehicle dealers, hardware, construction workers, commercial banks, among other things.

The commercial activity, he reasoned, would in turn, benefit the local economy to diversify and become more resilient.

Committees formed

In the meantime, the Premier explained that the Cabinet has also went a step further and created a Borrowing and a Steering Committee.

With these committees in place, Premier Fahie said the aforesaid framework would be further strengthened and greater value for money will be realized.

“Might I add that the revised Recovery to Development Plan provides the road map for getting the job done timely, transparently and within budget? We will inform the public very shortly on how the plan will be financed,” he said.

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15 Comments

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  1. 2 years later says:

    and we are still not recovering? you should be ashamed of yourself!

    Like 5
    Dislike 9
    • @2yrs later says:

      You mean the past ndp government should be ashamed of themselves. In the 6 months this government has been in office they have done the BVI proud.

      Like 18
      Dislike 13
    • Where is it says:

      How about the great Fahie release the plan for the public to see. How about we see how much has been budgeted and for what projects. This is always the problem in the corrupt BVI, everything is done in secret so that only those in power reap the benefits (especially in their own pockets). Have any of you smart people ever asked yourselves why the U.K. is demanding to see the plan? It’s because $300 million will disappear with no recovery.

      Like 13
      Dislike 3
      • @where it is says:

        Your comments are so ignorant. It is clear that you are just a hater hoping to see Fahie fail but it will not happen.

        Like 1
        Dislike 6
        • @@where is it says:

          First you ignorant b*****d, the term is “where is it” not “where it is”. Second since you are so smart please list the projects being done for the recovery and their associated costs. Let’s see how smart you really are

  2. vip heckler says:

    All wishful thinking

    Like 5
    Dislike 4
  3. YOUTH says:

    The NDP really mash up our country.

    Like 11
    Dislike 19
  4. Former NDP supporter says:

    More and more I am gaining respect for the Premier and his government. They are down to earth and more intelligent than some wanted us to believe.

    Like 17
    Dislike 10
  5. Business man says:

    Once there is accountability and transparency on all fronts then I am all for it because we the tax payers cannot afford to be cheated from none whether central government, rda or uk.

    Like 13
  6. People's plan says:

    Can the people see it?

  7. Sammy says:

    The real problems of the territory clearly getting overlooked until bs came priority

  8. hiphop says:

    LIES, LIES & MORE LIES FRIM THIS GUY!!!!

    Like 8
    Dislike 4

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