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U.S. Virgin Islands Gov. Kenneth Mapp said the project will lead to an additional $615 million in direct revenues for the government over the next 10 fiscal years.
July 27 -
The government expects more than $600 million in additional revenues over 10 years.
July 3 -
Governor says federal help is an unprecedented opportunity to improve the islands' infrastructure, economy and government revenues.
June 1 -
Eleven states and five cities will also receive a share of the CDBG disaster grants, with the biggest amount of $4.7 billion going to Texas for the damage caused by Hurricane Harvey.
April 10 -
The three islands of the USVI have received more than $1 billion in federal disaster assistance through March 27, according to FEMA spokesman Manuel Broussard.
April 5 -
Puerto Rico's default is generating concern over mainland special revenue bonds and distressed issuers, and undercutting confidence in municipal credit nationwide.
March 21 -
The Virgin Islands pension system is seeking a court order for the government to pay at least $213 million allegedly owed to the system.
March 13 -
Moody's says the decision is another sign of fiscal stress.
February 22 -
The island's future will depend on external aid, the amount of emigration, and internal reforms, economist Jason Bram found.
February 22 -
The Virgin Islands would create a matching funds rum tax bond to be sold to the U.S. Treasury.
February 9