Finance Minister: There were no conclusive discussions by previous COM to sell WINAIR shares and this government will not sell shares in the airline
GREAT BAY, St. Maarten – Minister of Finance, Marinka Gumbs clarified here this week that “the issue is not whether the previous Council of Ministers held discussions with some entities about the possible sale of shares in WINAIR.” “The real issue,” said the finance minister, “is that none of those discussions resulted in a concrete More...
Sales of Winair’s shares is not a “missed opportunity”
PHILIPSBURG — Recent false statements by the current Minister of Finance, Marinka Gumbs, asserting that no discussions regarding the sale of WINAIR shares took place prior to their public announcement by More...
Big Companies Benefit, While the “Small Man” Gets Squeezed: MP Darryl York Questions Government’s Fiscal Priorities
PHILIPSBURG — In yesterday’s budget debate, alarm was raised over the government’s recent approval of a tax holiday for a major developer, while enforcing budget cuts totaling over 30 million guilders, More...
National Alliance suggests budget amendment to facilitate solution for energy crisis
PHILIPSBURG – The faction of the National Alliance (NA) has requested an urgent meeting of parliament with the objective to establish an amendment to the national budget to facilitate the purchase of generators More...
Draft 2024 budget shows modest surplus
PHILIPSBURG — The draft 2024 budget mentions 572.2 million guilders ($319.7 million) in expenditures and 574.8 million ($321.1 million) in revenue – a modest surplus of around 2 million ($1.1 million). The More...
Cft satisfied with intended budget amendments
PHILIPSBURG — The government expects a budget surplus of 4 million guilders ($2.2 million) in 2024, 9 million ($5 million) in 2025 and 15 million ($8.4 million) in 2026. This projection appears from a letter More...
Pay to enter: St. Maarten will soon charge Tourist Tax
PHILIPSBURG — Minister of Public Health, Social Development and Labour (VSA) Omar Ottley aims to introduce a 25-dollar fee for each person arriving in St. Maarten. On the 2023 Government budget the “arrival More...
Government to collect tax from guests booking via AirBnB
“No additional laws are required to collect taxes related to Airbnb, those taxes can be collected under the current tax system,” said Finance Minister Ardwell Irion during the 2023 budget debate in Parliament, More...
Generous travel allowances for ministers on a cut 2023 budget
PHILIPSBURG — Finance Minister Ardwell Irion allocated himself a travel budget of NAf 60,000 for 2023, an increase of 601.39% compared to 2022. Tourism Minister Leo Lambriex has 100 percent more to spend More...
Finance Minister Ardwell Irion successfully tackles backlog of financial statements
PHILIPSBURG — Finance Minister Ardwell Irion is diligently working on the backlog of annual financial statements. On Wednesday, he presented these statements for the years 2019 and 2020, accompanied by an More...
