AGP Executive Report
Last update: 9 hours agoElectricity & Food Costs: In the BVI House, Opposition Leader Marlon Penn warned that removing the fuel subsidy for high-usage electricity (above 1,500 kWh) will hit supermarkets and food importers, pushing up prices for shoppers. Utility Rates & Business Impact: Opposition Hon Ronnie Skelton also questioned the BVIEC rate amendments, arguing the formula will raise bills for small businesses that rely on everyday power like refrigeration. Water Policy Pressure: Premier Dr Natalio Wheatley signalled water rates may rise as water and sewerage services shift to VIEWCO, saying the model must charge rates that cover costs and keep the utility viable. No Amnesty on Water Bills: Deputy Premier Julian Fraser denied promises of an amnesty for disputed water arrears tied to the transfer, after Penn pressed for forgiveness of questionable bills. Marine Skills Gap: BVI youth are being sidelined from technical and marine careers, with industry voices calling for earlier, practical training while students are still in school. Cruise Growth: The VI ranked among the Caribbean’s fastest-growing cruise destinations, with strong passenger growth tied to Tortola’s pier activity. Food Safety Alert: A Class I recall flagged nearly 30,000 pounds of imported beef over missed inspection steps, urging Caribbean distributors to audit freezer stock. Shipbuilding Support: MARAD awarded $35.18M to 45 small shipyards, including the U.S. Virgin Islands, for equipment, upgrades, and workforce training.
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