Press Release

Ministry of Finance
Budget Estimates
Release Date:
Monday, 18 November 2019 - 4:08pm

Premier and Minister of Finance Honourable Andrew A. Fahie is expected to deliver the Territory’s 2020 Budget Address tomorrow Tuesday, November 19 during the Second Sitting of the Second Session of the Fourth House of Assembly. 

The Premier will speak about the state of the Territory in terms of its economic performance, fiscal performance, the 2020 fiscal strategy and outlook, and the way forward through reform. 

Director of Communications, Mrs. Arliene T. Penn said the Premier has declared the year 2020 the year of vision, and will deliver the Territory’s Budget under the theme: Transformation for Resilience: SMART Strategies, Stability, Green Development and Empowered People.

Mrs. Penn said, “The Minister of Finance will speak about Government’s strategy to accelerate transformation for resilience to create opportunities for empowerment of the people of the Virgin Islands.”

The Director of Communications also added that the reform in the Budget Address is closely aligned with the Going Green, Going SMART pieces of legislation that the Government intends to bring forward during the Second Session of the Fourth House of Assembly to benefit the people of the Virgin Islands, their wellbeing, socially and economically.

The Budget Address will also touch on several sectors of the economy and Premier Fahie will outline how the public and private sectors, Non-Governmental Organisations, leaders past and present working together can drive green innovation, green diversification, and green expansion of the Virgin Islands economy.

The public is invited to tune in tomorrow to the live broadcast as the Department of Information and Public Relations (GIS) will cover the address live on Facebook @BVIGovernment beginning at 10:00 a.m. The coverage will feature onsite interviews, and analysis of the budget address.


Department of Information and Public Relations (GIS)

354 James Walter Francis Drive
RJT Edifice Building, 5th Floor
Road Town, TORTOLA VG1110

Tel: 284 468 2730
Fax: 284 468 2750