Dr. Smith Saved Economy From Collapsing

BVI Platinum News | 14 Comments
October 08, 2018 7:37 am AST
Photo Credit: Melissa Edwards/BVI Platinum News
Over the years, the National Democratic Party (NDP) administration has been faced with criticisms for its handling of the Territory’s finances. However, backbencher, Hon. Dr. Hubert O’Neal believes that if it was not for Premier and Finance Minister, Hon. Dr. D. Orlando Smith, the economy would have collapsed immediately following the storms in September 2017.

The BVI estimated losses in the sum of $3.6B. Dr O’Neal said that the $60M which was saved in the Reserve Fund when the storms hit helped with immediate recovery efforts.

“Three months after the storm our finances were in a very terrible state and if it wasn’t for the wisdom of our Premier, building a $60M Reserve (Fund), this country would have been in serious, serious difficulties. We would have been on the verge of economic collapse because both industries (financial services & tourism) were non-functional,” he recently expressed.

The Ninth District Representative added, “And it is the work of our good Premier to have kept our financial services industry together, especially because that industry managed to work when nothing else was going on in the country and that kept our economy going.”

Pre Hurricane Irma, the NDP received widespread criticisms over its spending habits, including from the then Queen's Representative, former Governor John Duncan.  However, in July, two months before Irma hit the Territory, Premier Smith had denied that the government was spending tax payers' money recklessly.

The Finance Minister had also boasted about the efforts by his government to build the Reserve Fund.

Meanwhile, in relation to the recovery process of his district, Dr O’Neal said that, the recovery is going remarkably well one year later, except on Virgin Gorda.

“In my district the recovery is going pretty well. In particular tourism has returned to Anegada, we are seeing the yachts are coming back…They are doing well over there. It’s a bit slow in Virgin Gorda of course because of the rate of devastation on Virgin Gorda,” Dr. O’Neal outlined.
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14 Comments
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Hildegarde Flax-Shaw
As a Virgin Gordian living abroad I visited in October 2017 and again in April of 2018. I was appalled to find Virgin Gorda still in a major state of devastation. Where exactly did the $60M go? Why are buildings still without roofs? Are any of the elected officials living in shelters or houses in need of repair? I am sure that they are not. It is time for all of you to step up and be accountable to the people who put you in office. I will continue to write until I see changes on Virgin Gorda.
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Me On Veegee
This guy....vi cent please show us you can do better.
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Jaigon
This man seems to be living in a different zone. The economy already collapsed. Government cannot even fixed a small school and you here chatting piss.
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..................
Bertie need to wake up and smell the coffee.
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Baby
And we will save our 9th district from collapsing by voting you out.
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GayleJ
My family are original Virgin Gordons. After a recent visit, I am absolutely MORTIFIED by the state of Virgin Gorda one year post Irma. The government officials should be ashamed of themselves. Please be prepared for the investigation, meetings and firings that I will initiate before years end!
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UKnow
Dr. Smith is the REASON why the economy is collapsing!
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Guardian
Stop while you are idle.
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Diana
This representative appears to be delusional at times. I don't blame him but I do blame us the voters. We have to properly vet person wishing to represents us.
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Gumption.Official
And what did you save the 9th district from?
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Baby
He saved us from growing.
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None Sense
O'Neal now I know your own crack coke hear what you address to your people "I believes that if it was not for Premier and Finance Minister, Hon. Dr. D. Orlando Smith, the economy would have collapsed immediately following the storms in September 2017."
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3 Likes
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Baby
Now you know this man only awake during election time and goes into hibernation for 4 years.
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Gandalf
Poor Hubert - You really do live in a bubble!
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7 Likes
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