NDP Manifesto 2019
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UK financial support for BVI following Irma and Maria:<br />
BVI has not received grant-in-aid from the UK since 1978. However, the devastation wrought by Irma and Maria severely impacted its<br />
financial position. Levels of debt by borrowing commercially to cover the cost of the recovery and the operation of government must be<br />
significantly increased.<br />
The severity of the damage and the impact on economic output and BVI’s earning potential, particularly as tourism revenues recover,<br />
mean the government will have to borrow on the back of a UK loan guarantee to rebuild public infrastructure. Lenders such as the UK<br />
have asked for certain elements to be in place for the loan to move forward.<br />
A re-elected <strong>NDP</strong> Government shall complete these requirements so that BVI has the monies needed for full recovery and to build back<br />
stronger, smarter, greener and better.<br />
Representation of OTs in the UK and Commonwealth<br />
BVI and other OTs have consistently reaffirmed their position that they do not wish to have seats in the UK Parliament and that the annual<br />
Joint Ministerial Council, held between the UK and OTs, is the appropriate framework, albeit not perfect, by which OTs can make direct<br />
political representation to the UK Government at ministerial level if deemed necessary. A re-elected <strong>NDP</strong> Government shall continue BVI’s<br />
relationship with the UK on this basis.<br />
BVI is included in the Commonwealth under the UK and participates to the fullest extent permissible, particularly the Commonwealth<br />
Parliamentary Association (CPA).<br />
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<strong>NDP</strong> <strong>2019</strong>