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Tag archive for ‘liquidity support’
By The Publisher On Monday, September 14th, 2020
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Aruba’s decision to borrow locally is “the same as printing money”

PHILIPSBURG – Aruba has reportedly a deal with a consortium of local banks for a loan in an attempt to get away from the conditions the kingdom has attached to the provision of liquidity support. Prime Minister More...

By The Publisher On Friday, September 11th, 2020
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Third tranche of liquidity support remains elusive

THE HAGUE – The outcome of the Kingdom Council of Ministers meeting of Friday cannot come as a surprise to anyone. “As long as St. Maarten does not agree with the core of the package, a fruitful discussion More...

By The Publisher On Thursday, September 10th, 2020
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The mother of all challenges

By Hilbert Haar Our island is facing the mother of all challenges – and even that is an understatement. The COVID-19 crises has laid bare what decision makers have known for a very, very long time: it is dangerous More...

By The Publisher On Thursday, September 3rd, 2020
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PFP urges PM to resume discussions with the Dutch government

PHILIPSBURG — Party for Progress’ Members of Parliament MP Melissa D. Gumbs and MP Rayhean A. Peterson, in a letter sent from Parliament, urge Government to consider the two pieces of advice received More...

By The Publisher On Friday, August 28th, 2020
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Knops: No liquidity support without agreement about conditions

THE HAGUE – The third tranche of liquidity support will only become available after St. Maarten has met all the conditions attached to the second tranche and after there is a clear political agreement about the More...

By The Publisher On Saturday, August 15th, 2020
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Kingdom stands firm: No third tranche of liquidity support for St. Maarten

THE HAGUE – St. Maarten has so far failed to comply with the conditions attached to the third tranche of liquidity support from the Netherlands.  State Secretary Drs. Raymond Knops stated in a letter to the More...

By The Publisher On Thursday, August 13th, 2020
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Dutch intervention in Aruba with RST and National Detective Agency raises eyebrows

PHILIPSBURG – Alarm bells ought to go off in the Council of Ministers after learning of the Dutch demand that Aruba gives the RST (Detective Cooperation Team) and the National Detective Agency the authority to More...

By The Publisher On Monday, July 27th, 2020
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Editorial: Caribbean Reform Entity

The words of an insider: “We have met the conditions to get liquidity support via the 1st tranche and via the 2nd tranche. To get the 3rd tranche, we have to give up the country.” This seems to the More...

By The Publisher On Sunday, July 26th, 2020
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Will the Caribbean Reform Entity become a reality?

  PHILIPSBURG – The number of corona-virus infections has pushed attention for the Caribbean Reform Entity (CRE) to the background – but it is still there. Since Prime Minister Silveria Jacobs left More...

By The Publisher On Thursday, July 23rd, 2020
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MP Wescot-Williams wants clarity about liquidity support conditions

PHILIPSBURG – United Democrats MP Sarah Wescot-Williams questions the measures the government is taking to meet the requirements for receiving the second tranche of liquidity support. She points in particular More...