Tag archive for ‘grant’
By The Publisher On Thursday, May 31st, 2018

“We do not want to borrow more than we have to”

PHILIPSBURG – St. Maarten will most likely not need liquidity support for the full 197 million guilders ($110 million) that represents the current deficit on the 2018 budget, Finance Minister Mike Ferrier said More...

By The Publisher On Thursday, February 8th, 2018

Recovery money goes as grant into World Bank trust fund

PHILIPSBURG – The €550 million reconstruction fund the Netherlands has made available to St. Maarten will be deposited as a grant into a trust fund at the World Bank. How the money will be spent and  made More...

By The Publisher On Wednesday, January 24th, 2018

Ferrier on saving money: lights out at the government building

PHILIPSBURG – “We still don’t know how much of the €550 million Dutch recovery fund will be a grant and how much will be a loan,” Finance Minister Mike Ferrier said at Wednesday’s Council of Ministers More...