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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...
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Finance ministry focuses on cost-cutting measures
PHILIPSBURG — Cost-cutting measures top the list of priorities at the Ministry of Finance, it appears from Minister Ardwell Irion’s presentation about the 2021 budget to Parliament. Focus points are fuel More...
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Is the economic growth projection too pessimistic?
PHILIPSBURG — Is the projection of 3 percent economic growth this year on the low end and therefore too pessimistic? That’s what MP Claudius Buncamper wants to know from Minister Ludmilla de Weever (Tourism More...
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MP Buncamper: “Tax collection goes from one extreme to the other”
PHILIPSBURG — “Does the government presently have a policy to handle the outstanding tax collection seeing the pandemic we are in, or are we bullying taxpayers into paying or losing their property?” This More...
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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...
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Cft urges St. Maarten to implement revenue-increasing and cost-cutting measures
PHILIPSBURG — St. Maarten has to speed up the implementation of revenue-increasing and cost-cutting measures if it wants to return to structural budget-surpluses in the near future. “Without additional More...