Minister Geerlings criticizes Dutch interference

Minister of Finance Perry Geerlings

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 made clear that that support is not forthcoming if members of parliament do not agree with a 10 percent salary cut. LOGIN TO READ MORE... More...

by The Publisher | Published 1 week ago
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...

Minister of Finance Perry Geerlings - 19 March 2019
By The Publisher On Tuesday, March 19th, 2019
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Geerlings address Consumer Coalition’s allegations

PHILIPSBURG — Finance Minister, the Honourable Perry Geerlings, is critical of “the false claims made by the St. Maarten Consumer Coalition & Anti-Poverty Platform who recently said his Ministry’s More...

Hole in the bucket
By The Publisher On Wednesday, March 13th, 2019
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There is a hole in the budget

POND ISLAND — The draft 2019 budget closes with a deficit of 67.2 million guilders. The government projects 478.8 million in expenditures this year and 411.6 million guilders in revenue. The tax office project More...

Minister of Finance Perry Geerlings - 12 Mar 2019
By The Publisher On Wednesday, March 13th, 2019
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Draft 2019 budget closes with 67.2 million deficit

PHILIPSBURG — The draft 2019 budget closes with a deficit of 67.2 million guilders. The government projects 478.8 million in expenditures this year and 411.6 million guilders in revenue. According to the More...

Finance Minister Perry Geerlings 20180717
By The Publisher On Wednesday, March 13th, 2019
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Geerlings offers payment plan on unpaid taxes to ease the pressure on businesses

PHILIPSBURG — Times are still “tough for everyone” and in recognition of this reality, Finance Minister, the Honourable Perry Geerlings, has decided to offer an extension of the deadline for payment of More...

ENNIA - Photo Extra
By The Publisher On Monday, March 4th, 2019
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Ill-prepared

By Hilbert Haar The recently held meeting of the parliamentary finance committee about the situation of insurance company ENNIA and its affiliated entities showed once more how ill-prepared some politicians are More...

Minister of Health Emil Lee - 20 Feb 2019
By The Publisher On Wednesday, February 27th, 2019
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Medical expenditures explode

PHILIPSBURG - Medical expenditures in St. Maarten went through the roof between 2014 and 2017 and increased by 48.2 percent from 82.3 to 122 million guilders. In 2017 alone SZV collected 74 million in premiums More...