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Tag archive for ‘financial aid’
By The Publisher On Wednesday, April 22nd, 2020
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MPs discuss stimulus plan

“No loans but grants and no conditions” ~ PHILIPSBURG – No loans but grants, and above all no conditions. Those were some of the sentiments expressed by parliamentarians during a digital central committee More...

By The Publisher On Tuesday, April 21st, 2020
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CBCS response to media reports regarding foreign exchange reserves

Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) has recommended the governments of Curaçao and Sint Maarten to invoke article 36 of the Charter for the Kingdom of the Netherlands More...

By The Publisher On Thursday, April 9th, 2020
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Kingdom approves call for financial support – with VIDEO

PHILIPSBURG – The Kingdom Council of Ministers will honor the requests for financial support from the BES-islands, Aruba, Curacao and St. Maarten, Minister Raymond Knops (Home Affairs and Kingdom Relations) said More...

By The Publisher On Monday, April 6th, 2020
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Cost Support Relief Plan ANG 254 million for first 3 months

PHILIPSBURG – Minister of Finance Ardwell Irion and his team, with the information and recommendations gathered by the ESFs and their relevant teams and task forces, prepared a Support Relief Plan (SRP) costing More...

By The Publisher On Thursday, April 2nd, 2020
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Report: use World Bank Trust Fund money for emergency economic response

PHILIPSBURG – Use the balance of the World Bank Trust Fund to finance a $200 million emergency economic response to support the local economy. That is the focus of a proposal by a private sector task force to More...

By The Publisher On Tuesday, September 11th, 2018
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Is it legal to attach conditions to an offer for financial aid?

By Roeland Zwanikken Art. 36 of the Kingdom Charter stipulates that the Netherlands, Aruba, Curacao and Sint Maarten (will) provide each other aid and assistance. According to the Explanatory Notes, countries within More...

By The Publisher On Sunday, October 15th, 2017
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President Daniel Gibbs: No conditions from France for rebuilding French side of Saint Martin

MARIGOT – The French part of St. Martin is not subject to conditions for receiving financial aid from France, the way the Dutch government has put demands on Dutch St. Maarten. “If there is any obligation to More...

By The Publisher On Friday, October 13th, 2017
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Conditions apply: Dutch ready to force the issue

THE HAGUE – A Dutch fund – with hundreds of millions of euros – for the reconstruction of St. Maarten will only become available after the government of Prime Minister William Marlin agrees to two conditions More...