AGP Executive Report
Last update: 2 hours ago2027 Budget: Premier Natalio Wheatley presented a record $559.1 million budget, with projected revenue of $457.8 million, $47.3 million in loan financing and $54 million drawn from existing funds. He projected 2026 nominal GDP growth of 3.3% and real growth of 1.9%. Household and Workforce Measures: The budget proposes a $5,000 payroll tax rebate at the end of 2027, subject to approval, and phased pay increases for healthcare workers; eligibility, amounts and timing remain unclear. Financial Services: Janus Henderson and Centrifuge launched JQQQ, a tokenized Nasdaq-100 fund structured as a BVI segregated portfolio and aimed at eligible investors outside the US. Tourism Links: St. Maarten is promoting its new nonstop St. Thomas service to encourage visitor travel and regional business exchanges. Insolvency Claims: Liquidators for 30 BVI companies linked to Prince Group say victims may be able to claim in a future process if funds are recovered, but no claims process or distribution has been established.
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