Cft satisfied with intended budget amendments
PHILIPSBURG — The government expects a budget surplus of 4 million guilders ($2.2 million) in 2024, 9 million ($5 million) in 2025 and 15 million ($8.4 million) in 2026. This projection appears from a letter More...
Miedema? Dutch government has never heard of him
PHILIPSBURG — The Ministry of Home Affairs and Kingdom Relations does not know Jacob A. Miedema, the representative of a Dutch consortium that claims to be negotiating the refinancing of St. Maarten’s liquidity More...
Mysterious Dutch consortium interested in refinancing St. Maarten’s debt
PHILIPSBURG -- Independent MP Grisha Heyliger-Marten has lit the fire under a discussion about the refinancing of debts that include Dutch liquidity loans and possibly also the loan from the European Investment More...
National Youth Pitch Competition Launches Accelerator
~ 60 students, teachers, parents were in attendance for the kick-off of the accelerator ~ GREAT BAY — Application to the National Youth Pitch Competition closed on September 30. Sixteen (16) teams comprising More...
Going independent affects government’s liquidity position
PHILIPSBURG — The new makeup of Parliament with nine factions and five independent MPs has some financial consequences, it appears from answers by Minister of Finance Ardwell Irion to questions posed by MP More...
Lofty words but hardly any deadlines in policy plan for 2022
PHILIPSBURG — The draft 2022 budget closes with a deficit of 124.1 million guilders ($69.3). No surprises there. Revenue is projected to be 409.3 million ($228.7 million) and expenditures 533.5 million ($298 More...
Knops calls Minister Irion to order about bond issue
PHILIPSBURG – De 75 million guilders bond issue Finance Minister Ardwell Irion had in mind will not become a reality. State Secretary Drs. Raymond Knops called Irion to order with a firm reminder that St. Maarten More...
Minister Irion contests Cft’s take on article 16
PHILIPSBURG – Finance Minister Ardwell Irion disagrees with financial supervisor Cft about its opinion that, by floating a 75 million guilders bond with the Central Bank, St. Maarten violates article 16 of the More...
