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...
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...
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...
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...
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...
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...
