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flag The Virgin Islands approved a $562 million 2026 budget, the largest in its history, amid criticism over rising living costs.

flag The Virgin Islands House of Assembly passed the 2026 budget on December 18, 2025, finalizing it at $562 million—up from the initial $550.59 million projection—making it the largest in the territory’s history. flag The budget, presented November 6 by Premier Dr. Natalio D. Wheately, underwent revisions during the standing finance stage, where ministries defended funding requests and sought increases. flag After debate and committee review, the final version was approved following detailed scrutiny and member votes. flag While officials described the process as thorough and transparent, opposition leader Hon Myron V. Walwyn criticized the budget for not improving daily living conditions despite its size, citing rising costs for essentials and a disconnect between economic growth and residents’ financial struggles.

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