Cft budget advice: civil servants and politicians have to pony up

New Government Administration Building, update

PHILIPSBURG – St. Maarten has to take more measures to create a budget surplus, the Board financial supervision (Cft) writes in its advice about the 2020 budget to Finance Minister Perry Geerlings. The financial supervisor notes that expenditures are budgeted 16 million guilders too high and that lower pension premium payments for civil servants More...

by The Publisher | Published 1 week ago
Dr. J. Foundation - Hurricane Irma Reintegration Program (23)
By The Publisher On Saturday, November 2nd, 2019
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Former Minister Ferrier: “The trust fund is failing”

PHILIPSBURG – “If the rules allow hurricane victims to remain homeless after two years, something is not right about the rules,” former interim Finance Minister Michael Ferrier writes in a letter to the editor More...

CFT Sint Maarten - 20191030
By The Publisher On Thursday, October 31st, 2019
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Room for government revenue to grow, Cft chairman says

PHILIPSBURG – The revenue St. Maarten generates could be much higher “if the increase in tax compliance as a result of restructuring the tax administration is achieved,” Raymond Gradus, the chairman of the More...

Police Station Philipsburg
By The Publisher On Tuesday, October 29th, 2019
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MP Brison wants police paid before Christmas

PHILIPSBURG — MP Rolando Brison on Tuesday stressed that he wants to see police officers paid before Christmas 2019. The MP said the funds derived from the sale of St. Maarten’s shares in UTS which he facilitated More...

St. Maarten Government Flag
By The Publisher On Tuesday, October 29th, 2019
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EU faces challenge of funding water treatment plant

Philipsburg – The European Commission expects the 10th EDF planned for St Maarten from 2008-2013 to be finalized before the end of 2019. According to EU’s Interact, “following the blocking of diplomatic relations More...

Emsley Tromp - former CBCS president
By The Publisher On Tuesday, October 22nd, 2019
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Tromp entitled to a 6-figure compensation

WILLEMSTAD – Dr. Emsley Tromp can count on 344.135 US Dollars in compensation for legal expenditures. The Court of Justice has ordered that Curaçao has to pay the former President of the Central Bank of More...

CBCS SXM building name
By Online Editor On Saturday, October 19th, 2019
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Acting President of CBCS attends introductory meeting with Mr. Ansary

Willemstad/Philipsburg – At the request of the Minister of Finance of Sint Maarten Perry Geerlings, the Acting President of the Centrale Bank van Curaçao en Sint Maarten (CBCS), Bob Traa attended an introductory More...

Finance Minister Perry Geerlings 20180717
By The Publisher On Monday, October 7th, 2019
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Minister Geerlings: “I don’t need publicity stunts. I performed my duty and was being transparent”

POND ISLAND – The Minister of Finance Perry Geerlings on Monday took note of an article attributed to the Sint Maarten Consumers Coalition with respect to the signing of a Letter of Intent (LOI) between Social More...

Member of Parliament Sarah A. Wescot-Williams
By The Publisher On Sunday, September 29th, 2019
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Sarah says St. Maarten can not afford financial “blacklisting”

PHILIPSBURG — “Crunch time for the Anti-money laundering and counter-terrorism legislation,” writes Member of Parliament Sarah Wescot-Williams in a press release. “St. Maarten can not afford More...

MinFIN Meeting with Cadastre Management and Board - 20190922
By The Publisher On Sunday, September 22nd, 2019
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Minister Geerlings receives update from Cadastre

POND ISLAND – Minister of Finance Hon. Perry Geerlings recently received an update of the state of affairs from the newly appointed director at the Land Registry Office Cadastre Shaka Lake. Particular attention More...