Search Results for: budget
Subsidies take up one third of 2021 budget
PHILIPSBURG — A third of the expenditures listed in the draft 2021 budget is earmarked for “subsidies, contributions and income transfers.” Out of the budget’s total of 613.1 million guilders ($342.5 More...
Increased budget for Prosecutor’s Office triggers questions
PHILIPSBURG — The budget for the office of the prosecutor general increase by 125 percent to more than 1.5 million guilders. “That’s an increase of 863,000 guilders,” MP Claudius Buncamper notes in one More...
Draft budget is “sloppy and full of grammatical mistakes”
PHILIPSBURG — The draft 2021 budget is sloppy and a step back “due to its many grammatical and legal-technical mistakes,” the Council of Advice writes in its analysis of the budget that is currently under More...
Recovery plan and European budget: major advances for overseas territories like St. Martin and St.Barth
FRENCH SAINT MARTIN — The agreement reached this week at the European Council marks an important step in the recovery of Europe: the budget of the European Union for the period 2021-2027 is increased to €1,074 More...
Financial supervisor Cft critical of 2020 budget
PHILIPSBURG — Financial supervisor Cft has expressed serious criticism about St. Maarten’s approved 2020 budget in a letter to Finance Minister Ardwell Irion dated May 20. The letter became public this More...
Motion asks for modest paycuts but Parliament approves budget without it
PHILIPSBURG – Reluctantly, Parliament accepted a motion tabled by National Alliance MP Ludmilla Duncan to cut salaries of parliamentarians and ministers, while it rejected a further-reaching motion with the same More...
Budget 2020: personnel costs keep going up
PHILIPSBURG – The draft 2020 budget understandably shows significantly higher expenditures due to the COVID-19 crisis, but it seems that the government is unable to get a grip on its ballooning personnel costs More...
Salaries for ministers unchanged in 2020 draft budget
PHILIPSBURG – The draft 2020 budget does not contain any indication that ministers and parliamentarians will take a ten percent salary cut. On the contrary, the listed salaries for all ministers – with the More...
Draft 2020 budget meets with criticism
PHILIPSBURG – The draft 2020 budget closes with a deficit of 263.2 million guilders ($147 million). Expenditures total 610.5 million and revenue 347.3 million. The Council of Advice is critical of the budget: More...
Cft budget advice: civil servants and politicians have to pony up
PHILIPSBURG – St. Maarten has to take more measures to create a budget surplus, the Board financial supervision (Cft) writes in its advice about the 2020 budget to Finance Minister Perry Geerlings. The financial More...
