Reform

The half-year report of financial supervisor Cft makes clear that contracting a loan for the new hospital via the cheapest route – the Netherlands – is far away, because the Cft has made healthcare reform a condition to obtain such a loan.

We do not know what the current government is still able to achieve in the remaining weeks of its term, but it seems highly unlikely that the parliament will get to handle such reform on short notice.

In that case, the financing of the project will fall to other parties, like the SZV and possibly the pension fund APS.
While these loans will be more expensive, it is good to keep in mind that the interest the SMMC will pay on it, stays on the island and does not disappear to The Hague.

The ideal solution seems far off right now, but it does not mean that all is lost.