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Third Quarter Public Sector Debt Bulletin
Q3 2025 Debt Update At the end of the third quarter of 2025, the public sector debt of the Government of the Virgin Islands stood at $145.95 million, reflecting a steady decline compared to previous quarters and years. This reduction—driven by ongoing debt servicing—marks an 18.7% decrease since September 2023, with no new disbursements recorded during the quarter.
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Tender opportunity announced for Prospect Reef infrastructure works
The Government of the Virgin Islands invites tenders for road rehabilitation works at Prospect Reef, Tortola. The project includes demolition, excavation, site clearance, and the construction of concrete culverts, drainage, and pavement improvements. Tender documents are available upon request via email to procurement@gov.vg with the subject “Prospect Reef Road Rehabilitation.” A virtual pre-tender meeting will be held on Thursday, 4th December 2025 at 10:00 a.m. (local time). Tenders must be submitted by 10:00 a.m. on Tuesday, 20th January 2026. Late submissions will not be considered. Tenders will be publicly opened at 11:00 a.m. on the same day via WebEx. For full details, contact the Procurement Unit at (284) 468-4245 or email procurement@gov.vg.
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Opening of Public Schools for the 2025-2026 Academic Year
The Ministry of Education, Youth Affairs and Sports advises the public that the 2025–2026 academic year will officially commence as follows:
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Unrestricted Tender Notice for Satellite Phone Services
The Government of the Virgin Islands (GoVI), acting through the Ministry of Communications and Works, seeks to procure satellite-enabled airtime services for use during emergencies, particularly in scenarios where cellular network coverage is lost.
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Education Month 2026 Continues With Week Four Activities
The Ministry of Education, Youth Affairs and Sports will continue its observance of Education Month 2026 with several activities scheduled for the week of 22nd–27th March.
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Public Service Debt Report for the Second Quarter of 2025
The Government of the Virgin Islands (GoVI) currently holds fifteen standard loans with four creditors: three domestic (CIBC Caribbean, Republic Bank, and the Social Security Board) and one external (Caribbean Development Bank). Domestic debt totals $71.77 million (47.1% of total debt), while external debt with CDB accounts for $80.49 million (52.9%). Most of the debt (79.2%, or $120.62 million) carries floating interest rates, primarily with SSB, CIBC, and CDB, while the remaining 20.8% ($31.64 million) is fixed-rate debt held across all creditors.
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Ministry of Tourism, Culture and Sustainable Development Hosts Engaging Virgin Gorda Easter Festival Forum
The Ministry of Tourism, Culture and Sustainable Development has described the Virgin Gorda Easter Festival Forum as a productive and forward-looking engagement that brought together clergy, cultural practitioners, festival leaders and community members in meaningful dialogue on the future of the festival.
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Agricultural and Fisheries Officials Empowered at International Workshop
Permanent Secretary in the Premier’s Office, Mrs. Carolyn Stoutt Igwe, and Director of Agriculture and Fisheries, Mr. Theodore E James, have returned to the Territory inspired and enlightened, having attended a five-day workshop on Building Climate-Resilient Food Systems.
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VI Government To Transform Electric Power Infrastructure
Premier Dr. Natalio Wheatley reaffirmed the Virgin Islands’ commitment to sustainable energy at the CARILEC 2025 Symposium and Lineworkers Rodeo, highlighting the near-completion of a solar project that will power Anegada with 90% solar energy. He noted government incentives for solar adoption and local training initiatives. Minister Kye Rymer emphasized the importance of resilient energy infrastructure for sustainable development. The event, themed “Informed. Empowered. Safe.”, included expert discussions, safety training, and a rodeo competition, with Antigua Public Utilities Authority winning and Team BVIEC earning five awards.
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Ministry of Health Strengthening Asthma Care With Utilization Review
The Ministry of Health and Social Development is strengthening the delivery of asthma care with the implementation of a Medication Utilization Review.