Geerlings address Consumer Coalition’s allegations

Minister of Finance Perry Geerlings - 19 March 2019

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 policy on alleviating the burden for businesses and residents with outstanding taxes, did not favour the small man,” in a recent publication. Geerlings More...

by The Publisher | Published 2 days ago
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...

MOT Director Lygia Stella in Parliament 20 Feb 2019
By The Publisher On Thursday, February 21st, 2019
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MOT handles billions in unusual financial transactions

PHILIPSBURG – In 2017 and 2018, St. Maarten’s Financial Intelligence Unit (MOT) received close to 53,000 reports about unusual financial transactions with a combined worth of 29.7 billion guilders ($16.6 More...

Minister of Finance Perry Geerlings 20180213
By The Publisher On Wednesday, February 13th, 2019
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Finance Minister confirms that funds from the World Bank could take six months

PHILIPSBURG—The Minister of Finance Perry Geerlings has stated that the only finance opportunity that the government negotiated is with the World Bank and the European Investment Bank is a package deal. The minister More...

CFATF Caribbean Financial Action Task Force logo
By The Publisher On Friday, February 8th, 2019
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CFATF: Anti-money laundering system remains vulnerable

PHILIPSBURG – St. Maarten is the only member of the Caribbean Financial Action Task Force (CFATF) that can be considered a risk to the framework of anti-money laundering and the fight against the financing More...

ENNIA - Photo Extra
By The Publisher On Friday, February 1st, 2019
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Parman loses lawsuit: emergency measure at ENNIA remains in place

PHILIPSBURG — “Okay, then you start the emergency regulation.” With those words Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International BV walked out of a meeting with More...