Press Release

Ministry of Finance
House of Assembly
Budget Estimates
Release Date:
Monday, 29 April 2019 - 5:30pm

The 2019 Budget was passed at the Second Sitting of the First Session of the Fourth House of Assembly to the tune of $427.657.383.

Premier and Minister of Finance, Honourable Andrew A. Fahie wrapped up the debate following contributions made by all members of the House on Friday, April 26.

Premier Fahie thanked all members for their contribution on the merits and principles of the bill titled, Appropriation Act, 2019.

With the passage of the 2019 Budget estimates, the Government of the Virgin Islands is now positioned to move forward with its public programmes and key infrastructure projects.

Premier Fahie emphasised that his Government is taking steps to ensure that the BVI meets its requirements outlined in his budget speech under the theme “Transitioning Towards Sustainable Growth” by the end of the 2019 financial year.

He affirmed that the Government remains committed to ensuring efficient use of the fiscal resources, on its path towards a better and brighter Virgin Islands.

The Bill is now in its final stage before it can be fully utilised. It has been presented to His Excellency, Governor Augustus J. U. Jaspert to be assented.