Nature Policy Plan implementation lags: Minister Doran admits lack of measures to halt unsustainable development
PHILIPSBURG — In a stark revelation, Minister of Public Housing, Spatial Planning, Environment, and Infrastructure, Egbert Doran, admitted on Wednesday that the St. Maarten government lacks sufficient measures More...
Country package: retirement age to 66 in 2025
PHILIPSBURG — St. Maarten will increase the retirement age to 66 in 2025, “unless independent research shows that this is not necessary and there are alternative proposals with the same budgetary effect.” More...
COHO – change is coming but St. Maarten has to pay for it
PHILIPSBURG – The so-called country package is an integral part of the agreement Prime Minister Jacobs signed on Tuesday with State Secretary Knops about the establishment of COHO – the Caribbean reform and More...
Reform Entity wants to bring down public wage bill to 10 percent of GDP
PHILIPSBURG – Reading through the document that outlines the 59 measures the Caribbean Reform Entity (CRE) has in mind to put St. Maarten, Curacao and Aruba in better shape feels a lot like looking at an X-Ray More...
Knops maintains: Solidarity is a two-way street
THE HAGUE – “The vulnerability of the economies of the Caribbean islands is significant, not only because of the dependency on tourism but – in the case of St. Maarten – also because of the aftermath of More...
NAGICO Branch Office to reopen on Wednesday following Government’s announcement of Reopening Plan
PHILIPSBURG — NAGICO Insurances will reopen to the public as of Wednesday; May 13, following the announcement by the Prime Minister and Head of EOC, Silveria Jacobs on Sunday, of government’s plan to More...
IMA fears economic doom with mass closures and layoffs
~ Economic Doom, Mass Closures and Layoffs on the Horizon for Sint Maarten. ~ PHILIPSBURG — In reference to the proposed draft Stimulus Plan, which was made public, the Indian Merchants Association (IMA), More...
There is a hole in the budget
POND ISLAND — The draft 2019 budget closes with a deficit of 67.2 million guilders. The government projects 478.8 million in expenditures this year and 411.6 million guilders in revenue. The tax office project More...
Government promises – again – to improve situation at Pointe Blanche prison
PHILIPSBURG – The government signed an agreement with State Secretary Raymond Knops (Kingdom Relations) on October 19 to “shortly introduce a series of measures to improve the state of the Pointe Blanche More...
Cft chairman Raymond Gradus: “Budget control and related risks is insufficient; without additional measures a new deficit for 2018 is unavoidable”
Willemstad — During its visit to Curaçao, the Board of financial supervision of Curaçao and Sint Maarten (Cft) indicated that more insight and better management are needed in the execution of the budget. More...
