Tag archive for ‘liquidity support’
Minister of Finance Perry Geerlings
By The Publisher On Tuesday, May 14th, 2019

Minister Geerlings criticizes Dutch interference

PHILIPSBURG - Finance Minister Perry Geerlings criticized the Kingdom for interfering in St. Maarten’s affairs by attaching conditions to the provision of badly needed liquidity support but at the same time he More...

Salary Seppuku Cartoon
By The Publisher On Saturday, April 6th, 2019

Between a rock and a hard place, but worse

By Hilbert Haar The expression caught between a rock and a hard place does not begin to describe the situation St. Maarten finds itself in now that the Kingdom Council of Ministers has put conditions in place for More...

Knops and Marlin-Romeo - 20180208 - HH
By The Publisher On Saturday, April 6th, 2019

Kingdom imposes conditions for liquidity support

THE HAGUE — St. Maarten will only get liquidity support from the Netherlands in 2019 if it complies with several conditions the Kingdom Council of Ministers has put in place. “These conditions see – More...

Mike Ferrier - 20180530 HH
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...

Council of Ministers - Photo Roland Bryson
By The Publisher On Monday, May 7th, 2018

Economic losses from Hurricane Irma exceed $2 billion

PHILIPSBURG – Parliament will begin on Tuesday morning with the second day of deliberations about the 2018 budget. President of Parliament MP Sarah Wescot-Williams was re-elected to her function on Monday More...