Dear Editor: I am an ardent believer that government policies and initiatives should be geared toward inspiring and building wealth in communities. That said, it
Read moreSt. Croix Senator Pushes For More Fiscal Accountability At WAPA
CHARLOTTE AMALIE — Senator Kenneth L. “Kenny” Gittens is asking his colleagues to reconsider authorizing an independent investigation of the Virgin Islands Water & Power
Read moreGovernor Bryan Presents $90 Million As First Installment From Bond Sale For GERS
Almost $600 million to be given to GERS through 2024 with $3.8 billion to be paid into the pension system over the next three decades
Read moreGovernor Bryan Closes On Bond Sale To Stave Off GERS Insolvency
Matching Fund Special Purpose Securitization Corporation will use significant savings from refinance of Rum Cover-Over Bonds to provide long-term stability to retirement system WASHINGTON —
Read moreBryan Thanks Legislature For Authorizing Refinancing Of Government Debt To Aid GERS
CHARLOTTE AMALIE — Governor Albert Bryan issued a statement today thanking the 34th Legislature for passing the Securitization Bill that will allow the Government of the Virgin Islands
Read moreBryan Calls Legislature Into Special Session On Debt Refinancing Plan For GERS
CHRISTIANSTED — Governor Albert Bryan on Monday said he is calling the 33rd Legislature back into Special Session on December 29 to re-address his proposal to refinance
Read moreSenators Nix Governor’s Securitization Bill; Bryan Says Puerto Rico Is Floating A Similar Bond Scheme
CHARLOTTE AMALIE — Members of the 33rd Legislature convened in Special Session at the governor’s request on Tuesday and voted down Bill No. 33-0446- that would
Read moreBryan Meets with Senators, GERS Officials To Create Solutions To Unfunded Retirement System
CHRISTIANSTED — Governor Albert Bryan is trying to find ways to avoid a possible 42 percent cut to its government pensions effective January 1. In
Read moreVirgin Islands’ Matching Fund Securitization Corp. Seeking $1 Billion From The Financial Markets This Week
CHARLOTTE AMALIE — The Virgin Islands’ Matching Fund Securitization Corporation will seek to refinance nearly $1 billion in outstanding matching fund bonds this week. The
Read moreBryan: Debt Consolidation Will Produce $255 Million Over Next 3 Years, Calls Legislature Into Special Session
CHRISTIANSTED — Governor Albert Bryan Jr. said today the territory can bank $255 million over the next three years if the government consolidates its debt
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