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Politicians and civil servant must contribute to pension system and SZV-funds, Cft advises
PHILIPSBURG — St. Maarten ought to amend legislation as soon as possible so that civil servants and politicians start paying a 10 percent contribution towards healthcare costs, financial supervisor Cft writes More...
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MP Emmanuel: Legalize marijuana now
PHILIPSBURG – Ten thousand people in St. Maarten are smoking marijuana and they spend $20 to $30 a day on it, MP Christophe Emmanuel said during his plea for legalizing the soft drug the budget debate. If Emmanuel’s More...
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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...
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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...
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Government intends to buy BTP-building for $4.7 million dollars
PHILIPSBURG – The draft 2020 budget contains a remarkable line item that reveals the government’s intention to purchase the building of Bureau Telecommunication and Post on Cannegieter Street for 8 million guilders More...
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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...
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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...