Press Release

Ministry of Finance
House of Assembly
Release Date:
Wednesday, 18 December 2019 - 5:10pm

The 2020 Budget was passed at the Second Sitting of the Second Session of the Fourth House of Assembly to the tune of $414,008,611.00.

Premier and Minister of Finance, Honourable Andrew A. Fahie wrapped up the debate following contributions made by Members of the House on Friday, 13th December, 2019.

Premier Fahie thanked all members for their contribution on the merits and principles of the bill titled, Appropriation Act, 2020. Contributions to the debate were made by all Members of the House of Assembly.

With the passage of the 2020 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 “Transformation for Resilience and Sustainability: SMART Strategies, Empowered People, and Green Development” by the end of the 2020 financial year.

He affirmed that the Government remains committed to ensuring the most efficient and effective use of Government resources while on its path towards the Virgin Islands going from good to great.

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.


Linton Leonard

Public Relations Officer
Office of the House of Assembly
Telephone: 468-6900 ext. 6958