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Tag archive for ‘financial position’
By The Publisher On Wednesday, November 10th, 2021
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Cft sounds the alarm again about untenable financial position social funds

PHILIPSUBRG — Financial supervisor Cft expressed serious criticism of St. Maarten’s 2021 budget in a letter from Cft-chairman Prof. Dr. Raymond Gradus to Finance Minister Ardwell Irion on October 13. The More...

By The Publisher On Tuesday, June 2nd, 2020
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Troubled TelEm

PHILIPSBURG – Telecom provider TelEm is in deep trouble, it appears from a letter it sent to the labor unions on Monday (June 1) about the decision to cut employee-salaries by 12.5 percent. The real situation More...

By The Publisher On Wednesday, November 6th, 2019
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Financial position airport is “extremely fragile”

PHILIPSBURG – After a parliament meeting that lasted close to three hours and fifty minutes, Christian Party MP Claude Peterson’s motion that aimed to assure bondholders about the caretaker government’s authority More...