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Madam Speaker, I rise to provide this Honourable House with an update on the status of the Public Assistance Programme and the Ministry of Health and Social Development’s ongoing work to modernise social assistance in The Virgin Islands, as we continue to strengthen support for individuals and families who need it most.

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The Virgin Islands hosted a series of side events that showcase the novel Virgin Islands Climate Change Trust Fund (VICCTF) and regional innovative financing solutions at the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) in Belém, Brazil.

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Students from secondary and tertiary institutions across the Territory took part in a Youth Mock Sitting of the House of Assembly on Thursday, 19th February, engaging in a structured parliamentary debate on issues central to The Virgin Islands’ future.

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Today, we honour the late and great H. Lavity Stoutt - a son of Long Bay, a servant of the people, a visionary leader, and a man whose love for these Virgin Islands was as steady and enduring as the tides that shaped his childhood.

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Premier Dr. Natalio Wheatley announced the completion and submission of the Virgin Islands' Self-Assessment Report on implementing the 2022 Commission of Inquiry (COI) recommendations. This milestone reflects significant governance reforms aimed at enhancing transparency, accountability, and institutional structures. Dr. Wheatley credited public officers, Cabinet, and the COI Implementation Unit for their dedicated efforts and emphasized that reforms go beyond COI requirements, aligning with nation-building goals. The UK will decide by 30 June 2025 whether to lift the Order in Council that threatens partial suspension of the Constitution.

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The Shareholders are seeking to fill the vacant positions of Executive/Managing Director and one (1) Director on the Board of Directors for the Prospect Reef Resort management Company as follows:

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The H. Lavity Stoutt Community College (HLSCC), in partnership with the Ministry of Education, Youth Affairs and Sports, today officially launched the Let’s Build VI National Scholarship Programme, a landmark national initiative designed to equip Virgin Islanders with the skills, qualifications, and confidence needed to build, serve, and sustain the future of the Territory.

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Good morning, ladies and gentlemen, members of the media. Thank you for joining us today Welcome to the second Press Conference for November 2025. Today, I will address several vital matters concerning our Virgin Islands.

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The British Virgin Islands (BVI) marks 40 years since its first International Business Company (IBC) incorporation in 1984, reaffirming its status as a leading international financial center. In 2024, BVI firms facilitated significant transactions across various sectors, including digital assets, restructuring, sustainable finance, and insolvencies. BVI's impact on global trade and investment was highlighted by an estimated $1.4 trillion in cross-border transactions. The jurisdiction continued to innovate in digital assets, restructuring, and sustainable finance, with notable deals like $1 billion Sustainability-Linked Bonds and $680 million acquisitions. BVI also supported major mergers, IPOs, and complex insolvencies, underscoring its global reach and expertise.