fbpx
Tag archive for ‘liquidity support’
By The Publisher On Friday, July 22nd, 2022
0 Comments

Kingdom puts liquidity support on hold

PHILIPSBURG / THE HAGUE — St. Maarten has started to pay out vacation allowances without a positive advice from financial supervisor Cft and without permission from the Kingdom Council of Ministers (KCoM), More...

By The Publisher On Thursday, March 10th, 2022
0 Comments

St. Maarten must amend ordinance top salaries

PHILIPSBURG — The national ordinance that regulates the ceiling for salaries in the (semi-)public sector is not in line with the decision of the Kingdom Council of Ministers of September 24 of last year. More...

By The Publisher On Tuesday, June 22nd, 2021
0 Comments

Kingdom imposes conditions on sixth tranche of liquidity support

PHILIPSBURG — St. Maarten’s capacity is, in terms of quantity and quality “a serious stumbling block” for the execution of improvements, State Secretary Raymond Knops (Kingdom Relations) writes in a More...

By The Publisher On Friday, June 18th, 2021
0 Comments

Knops releases liquidity support

THE HAGUE — State Secretary Raymond Knops (Kingdom Relations) released the fifth tranche of liquidity support to St. Maarten. The Netherlands will transfer 39 million guilders ($21.8 million) by the end of More...

By The Publisher On Saturday, May 29th, 2021
0 Comments

Kingdom demands action in exchange for liquidity support

THE HAGUE — The Kingdom Council of Ministers supported in its meeting of Friday, May 28, the decision of State Secretary Raymond Knops (Kingdom Relations) to freeze the fifth tranche of liquidity support More...

By The Publisher On Thursday, May 27th, 2021
0 Comments

Knops disappointed after visit to St. Maarten

PHILIPSBURG — State Secretary Raymond Knops is disappointed on several levels after his visit to St. Maarten last week. His experiences with the islands of Statia and Saba were much more positive. This appears More...

By The Publisher On Wednesday, May 26th, 2021
0 Comments

Venomous exchange with Knops yields no results

PHILIPSBURG — The battle between Prime Minister Silveria Jacobs and outgoing State Secretary Raymond Knops (Kingdom Relations) about the payment of the fifth tranche of liquidity support has at times taken More...

By The Publisher On Sunday, May 16th, 2021
0 Comments

Curacao also puts liquidity support at risk

WILLEMSTAD — Just like St. Maarten, Curacao is also playing a poker game with Dutch liquidity support. If incoming Prime Minister Gilmar Pisas sticks to his refusal to participate in the Caribbean Development More...

By The Publisher On Friday, May 14th, 2021
0 Comments

Prime Minister Silveria Jacobs addresses halt of fifth tranche of liquidity support

Philipsburg – Prime Minister Silveria Jacobs expresses grave concern for the future of relations within the Kingdom, when out of one side of their mouths, the Dutch Government claims it is looking out for the More...

By The Publisher On Thursday, May 13th, 2021
0 Comments

Knops withholds liquidity support and bashes Prime Minister Jacobs

PHILIPSBURG — State Secretary Knops has put the fifth tranche of liquidity support on hold until the government has acted “sufficiently vigorous” to rectify the problems at Princess Juliana International More...