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Poor financial management remains a concern

PHILIPSBURG — That the country’s financial management leaves a lot to be desired is no secret. Cft-chairman Raymond Gradus underlines in a letter dated January 31 to St. Maarten’s Minister of Finance Ardwell Irion once more how bad the situation really is. These are the highlights: in 2014 St. Maarten had 74 million guilders ($41.3 million) More...

by The Publisher | Published 18 hours ago
By The Publisher On Friday, January 27th, 2023
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Government’s financial statements remain unreliable, Audit Chamber says

PHILIPSBURG — The government still has not put its financial household in order. According to the government’s accountants bureau SOAB the uncertainties in the financial statements add up to a whopping More...

By The Publisher On Saturday, January 14th, 2023
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COHO off the table but country packages remain

PHILIPSBURG — The draft consensus kingdom law COHO (Caribbean Organization for Reform and Development) is definitely off the table, Prime Minister Silveria Jacobs announced in a press release after the conclusion More...

By The Publisher On Wednesday, January 4th, 2023
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Justice ministry struggles with regulating the legal position of its employees

PHILIPSPBURG — The Ministry of Justice is “making great progress with the final phase of regulating its personnel affairs,” according to a press release issued by the same ministry. On December 9, 2022, More...

By The Publisher On Friday, December 30th, 2022
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CFT unhappy with deficit on draft 2023 budget

PHILIPSBURG — Financial supervisor CFT is not happy with St. Maarten’s draft 2023 budget. While the Kingdom Council of Ministers decided on September 30, that this budget has to be balanced, it shows instead More...

By The Publisher On Tuesday, November 29th, 2022
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Government spent millions, but effectiveness support programs remains unclear

PHILIPSBURG — The government paid out millions of guilders through its stimulus and relief program (SSRP) in 2021, but the Audit Chamber has been unable to establish whether this program was effective. ”During More...

By The Publisher On Monday, November 21st, 2022
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MPC team Upcycle wins grand prize National Youth Pitch competition finals

PHILIPSBURG — Prime Minister Silveria Jacobs speaking at the NYP Competition finals on Sunday, Novembe 20, 2022, said she wants these young entrepreneurs to be featured on the front page of our newspapers More...

By The Publisher On Tuesday, November 8th, 2022
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Miedema? Dutch government has never heard of him

PHILIPSBURG — The Ministry of Home Affairs and Kingdom Relations does not know Jacob A. Miedema, the representative of a Dutch consortium that claims to be negotiating the refinancing of St. Maarten’s liquidity More...

By The Publisher On Saturday, November 5th, 2022
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Mysterious Dutch consortium interested in refinancing St. Maarten’s debt

PHILIPSBURG -- Independent MP Grisha Heyliger-Marten has lit the fire under a discussion about the refinancing of debts that include Dutch liquidity loans and possibly also the loan from the European Investment More...

By The Publisher On Sunday, October 16th, 2022
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National Youth Pitch Competition Launches Accelerator

~ 60 students, teachers, parents were in attendance for the kick-off of the accelerator ~ GREAT BAY — Application to the National Youth Pitch Competition closed on September 30.  Sixteen (16) teams comprising More...