2025 Quarterly Debt Bulletin Q4
Table of Contents
Title
What is public sector debt?
Public debt is the total amount of money a country's government has borrowed to cover expenses when its spending exceeds its tax revenue, or to finance capital projects. It includes loans from local banks and other financial organizations, and from financial institutions outside the Territory.
Title
Quarter 4 - December 2025 - Public Sector Debt Bulletin
This document is a quarterly bulletin from the Ministry of Finance detailing the public sector debt of the Government of the Virgin Islands as of the fourth quarter of 2025.
To learn more about how your government is managing the country's borrowings, we invite you to read the full bulletin.
Public Sector Debt - Quarterly Bulletin - Issue 4 Volume 10
Title
How much is the BVI’s current public sector debt?
The BVI’s current public sector debt as of the end of September 2025 was US$170.94 million, of which US$134.093 million is for central government debt and US$36.85 million for guaranteed debt.
Title
Is our debt getting bigger or smaller?
It's getting bigger. The debt increased by 4.5% from the end of December 2024 ($163.54 million), driven by Q4 disbursements totaling $30.00 million - $25.00 million on the $100 million CIBC Loan Facility, and $5.00 million on the RRL (OCR).
Title
Are we paying more to service our debt?
No, we are paying less. By the end of December 2025, total public sector debt servicing amounted to $31.94 million which was lower than in December 2024 ($34.38 million) and December 2023 ($36.25 million), reflecting the impact of lower interest rates and reduced repayments due to maturing loans.
Title
How much fixed-rate debt do we have?
As of the end of December 2025, $53.97 million or 31.6%% of our public sector debt is at a fixed rate.
Title
How much of our debt is maturing in more than ten years?
At the end of December 2025, $159.75 million or 93.5% of our public sector debt will be maturing in the long-term, more than ten years.
Contact Information
Ministry of Finance -
Rita Frett Georges Building
Road Town, Tortola
Virgin Islands (British) VG1110
Tel: 284 468- 2144
Email: mof@gov.vg