IMF: Political stability critical for business investment decisions

IMF headquarters

PHILIPSBURG – Cumbersome regulations, red tape, weak governance, antiquated tax and labor laws, skill mismatches, restrictive labor markets, high energy costs, infrastructure bottlenecks and political volatility are structural impediments to St. Maarten’s economic growth. This appears from the Article IV annual bilateral consultations between More...

by The Publisher | Published 3 months ago
Minister of Finance Perry Geerlings - 20180213
By The Publisher On Wednesday, February 13th, 2019
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Finance Minister says that motorists could have both stickers and number plates

PHILIPSBURG — There are conflicting reports coming from the Ministry of Finance regarding the issuing of the vehicle number plates and the stickers. The Minister of Finance Perry Geerlings in response to questions More...

PM Leona Romeo Marlin at Press Briefing 07 Feb 2019
By The Publisher On Friday, February 8th, 2019
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Prime Minister ably defends herself in light of the vote of no confidence

PHILIPSBURG—Prime Minister Leona Romeo-Marlin in her address to the people of St. Maarten on the vote of no-confidence against her government by the National Alliance faction in the Parliament said that she More...

PM Leona Romeo Marlin at Press Briefing Jan 2019
By The Publisher On Friday, February 8th, 2019
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Dutch Kingdom supports Venezuela interim president

PHILIPSBURG—The entire Dutch Kingdom will support the interim President of Venezuela Juan Guaido said Prime Minister Leona Romeo-Marlin during the Council of Ministers Press Conference on Wednesday. According More...

joan dovale-meit 30012019
By The Publisher On Wednesday, January 30th, 2019
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SG Dovale-Meit leaves Audit Chamber

PHILISPBURG – Joane Dovale-Meit has left her position as Secretary-General of the General Audit Chamber “to explore new career opportunities in good agreement with the board,” a press statement from the More...

PM Leona Romeo Marlin - Pressbriefing 23 Jan 2019
By The Publisher On Wednesday, January 23rd, 2019
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Prime Minister confirms that the $100 million is only for the airport reconstruction

PHILIPSBURG—Prime Minister Leona Romeo-Marlin has confirmed that the 100 million Euros that is being acquired from the World Bank and the European Investment Bank is only being used for the reconstruction of More...

PM Leona Romeo Perry Geerlings Stas Knops Jorien Wuite group photo
By The Publisher On Sunday, January 20th, 2019
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Prime Minister and Minister of Finance successfully negotiate 15 million dollar bridge loan for the Airport

PHILIPSBURG – Last week, Prime Minister Leona Romeo-Marlin and Minister of Finance Perry Geerlings travelled to the Netherlands to successfully negotiate and secure a bridge loan amounting up to 15 million US More...

New Government Administration Building
By The Publisher On Wednesday, January 16th, 2019
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No clear indication on when the financing will become available for the airport

PHILIPSBURG — There has been no clear indication from the Council of Ministers of how long it will take to pay back the Euros 100 million which was offered to the Government of St. Maarten from the Netherlands More...

Council of Ministers COM
By The Publisher On Wednesday, January 9th, 2019
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Council of Ministers supports airport financing through the World Bank and European Investment Bank

PHILIPSBURG – Over the past months, the Government of Sint Maarten has worked closely with the Netherlands, the World Bank and the European Investment Bank to secure the necessary funding for the full recovery More...

CLARET CONNOR AND PM LEONA
By The Publisher On Wednesday, January 9th, 2019
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Council of Ministers appoints Claret Connor as Director of National Recovery Program Bureau

PHILIPSBURG – On Wednesday January 9th, during the Council of Ministers Press Briefing, Prime Minister Leona Romeo Marlin confirmed the appointment by the Council of Ministers of Claret Connor as Director of More...