Registration Now Open for SXM Financial Literacy Month
~ During the month of November, the public can learn from experts on various finance topics ~ GREAT BAY, St. Maarten – Ministry of Finance is establishing the month of November as SXM Financial Literacy More...
St. Maarten gets low interest rate on refinanced liquidity loans
PHILISPBURG — St. Maarten gets its liquidity loans refinanced against 3.4 percent interest while Curacao, that has refused to accept a Dutch loan to solve problems at insurance company ENNIA, will have to More...
Dutch senate gives green light for capital expenditures
PHILIPSBURG — The Dutch Senate approved a 60.9 million guilders ($34 million) loan for capital expenditures on Tuesday, September 26, Finance Minister Ardwell, Irion announced in a press release. The minister More...
Finance Minister Ardwell Irion successfully tackles backlog of financial statements
PHILIPSBURG — Finance Minister Ardwell Irion is diligently working on the backlog of annual financial statements. On Wednesday, he presented these statements for the years 2019 and 2020, accompanied by an More...
Ministry of Finance receives updates on Republic Bank’s corporate responsibility plan
Republic Bank pledges a more proactive approach in the future. PHILIPSBURG, Sint Maarten— The Ministry of Finance was recently the recipient of a courtesy visit from the General Managing Director of Republic More...
Minister of Finance launches corporate governance traineeship
POND ISLAND — The Ministry of Finance is launching a pilot program for corporate governance and supervisory board member traineeship. The Ministry of Finance hopes to attract young professionals interested More...
Airport installs new members to supervisory board
PHILIPSBURG — The Princess Juliana International Airport Exploitation Company (PJIAE) installed three new members to its supervisory board this week: Marion Kan, Justin Woods and Anisa Dijkhoffz. This was More...
Subsidies take up one third of 2021 budget
PHILIPSBURG — A third of the expenditures listed in the draft 2021 budget is earmarked for “subsidies, contributions and income transfers.” Out of the budget’s total of 613.1 million guilders ($342.5 More...
Finance ministry focuses on cost-cutting measures
PHILIPSBURG — Cost-cutting measures top the list of priorities at the Ministry of Finance, it appears from Minister Ardwell Irion’s presentation about the 2021 budget to Parliament. Focus points are fuel More...
Payroll support program shrouded in mystery
PHILIPSBURG – Based on current regulations, the government will not be able to publish the names of companies that have so far received payroll support. Finance Minister Ardwell Irion said during a press briefing More...