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Re: Yacht Cruisers Speak!
[Re: JasonHelmbrecht]
#250323
03/17/2021 03:28 PM
03/17/2021 03:28 PM
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Joined: Sep 2006
Posts: 793 Kannapolis, NC
ndfaninnc
OP
Traveler
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OP
Traveler
Joined: Sep 2006
Posts: 793
Kannapolis, NC
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The BVI government is going to have to address whether tourism is going to be their only economy, and whether expecting tourism fees and taxes, and discretionary spending to carry their entire GDP is a viable long term economic policy. BVI voters choose the people to make those national decisions. Again, the BVI voters choose their own government. Not only is tourism not the only economy, it's not even the largest percentage of GDP. The financial industry is larger than tourism for $$$; last number I heard was 60%. I think tourism might have a slightly larger employee base than the financial industry. Jason, I read shortly after the hurricanes that many of the financial institutions we considering not coming back to Tortola. I have not followed up on that. Did they return? Do they employ many islanders?
Go Irish!! Bill
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