Government debt of NAf 91 million to SZV one step closer to resolve

SZV MinFin Signing Letter Of Intent LOI Debt - 28082019

PHILIPSBURG — Director of SZV Glen A. Carty and Minister of Finance Perry Geerlings signed a letter of intent on Friday August 23rd regarding the outstanding social & health insurances premiums owed by Government to SZV. The letter of intent outlines a structured approach to address the repayment of the outstanding amount of approximately 91 More...

by The Publisher | Published 3 weeks ago
CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Wednesday, August 28th, 2019
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Change in bond issue on behalf of the Government of the Country of Sint Maarten

Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) acts as Agent on behalf of the government of the Country of Sint Maarten to issue the following government bond: Bond of Sint More...

MinFIN Tax Transformation Project presentation to Tax Department
By The Publisher On Sunday, August 25th, 2019
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Minister Geerlings kicks-off Tax Transformation Project with Presentation to the Tax Department

POND ISLAND – Last week Wednesday August 21, the Tax Transformation Project was kicked off with a presentation meeting with the entire staff of the Tax Department, Minister of Finance Hon. Perry Geerlings said More...

StMaartenNews Opinion
By The Publisher On Friday, July 26th, 2019
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A thoughtful expose

By Hilbert Haar Running a country is not a profitable business. If the Netherlands, or St. Maarten or Curacao for that matter, had been private sector businesses they would have had to close their doors a long time More...

MinFIN SER Session
By The Publisher On Monday, July 1st, 2019
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Minister Geerlings commences with stakeholder sessions about Tax Transformation Plan to Secure Country’s Future

POND ISLAND – Minister Geerlings is presenting his Tax Transformation plan to all key stakeholders on Sint Maarten. On May 23 and June 10th, the Minister of Finance Hon. Perry Geerlings presented the Government’s More...

MinFin Perry Geerlings - Budget Presentation 24 June 2019
By The Publisher On Tuesday, June 25th, 2019
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Minister Geerlings: “Unable to maintain current expense-levels”

PHILIPSBURG –Minister of Finance Perry Geerlings painted a dramatic picture of the country’s financial position during the handling of the draft 2019 budget on Monday. “An example of the way of thinking in More...

Minister of Finance Perry Geerlings
By The Publisher On Tuesday, May 14th, 2019
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Minister Geerlings criticizes Dutch interference

PHILIPSBURG - Finance Minister Perry Geerlings criticized the Kingdom for interfering in St. Maarten’s affairs by attaching conditions to the provision of badly needed liquidity support but at the same time he More...

Investment Club
By The Publisher On Friday, May 3rd, 2019
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A Legal Framework for Crowdfunding on St. Maarten

By Terrance Rey Crowdfunding has no legal basis here on St. Maarten. Generally, it boils down to making a donation. There is a maximum amount a private person can donate to another person for it to be considered More...

Knops and Marlin-Romeo - 20180208 - HH
By The Publisher On Saturday, April 6th, 2019
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Kingdom imposes conditions for liquidity support

THE HAGUE — St. Maarten will only get liquidity support from the Netherlands in 2019 if it complies with several conditions the Kingdom Council of Ministers has put in place. “These conditions see – More...

Minister of Finance Perry Geerlings - Mar 2019
By The Publisher On Wednesday, April 3rd, 2019
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Meeting with airport bondholders goes well; Labega not welcomed

PHILIPSBURG — The delegation headed by Finance Minister Perry Geerlings to a meeting with the bondholders and the Princess Juliana International Airport in the United States is said to have went well. The More...