Tag archive for ‘trust fund’
By Desk Editor On Thursday, June 21st, 2018

Prime Minister’s address to Parliament on National Recovery & Resilience Plan

PHILIPSBURG, June 21, 2018 – Madam Chair, After months of intensive preparations, I’m pleased to present two important documents to Parliament today: (1) the National Recovery and Resilience Plan of Sint Maarten, More...

New Government Administration Building, update
By Desk Editor On Wednesday, June 6th, 2018

Doing Business with the World Bank on St. Maarten

PHILIPSBURG — Following the devastation caused by Hurricanes Irma and Maria, a Recovery Trust Fund for Sint Maarten in the amount of €470 million was established by the Netherlands. The Trust Fund will be More...

Police Station Philipsburg
By The Publisher On Thursday, May 17th, 2018

Repairs to police station get priority

PHILIPSBURG – The first emergency repairs funded by the trust fund at the World Bank will begin in June, Prime Minister Leona Marlin-Romeo announced during Wednesday’s Council of Ministers press briefing. There More...

Hilbert Haar
By The Publisher On Monday, April 30th, 2018

Reconstruction priorities

By Hilbert Haar Roofs have to be repaired and businesses have to get back on their feet in the wake of Hurricane Irma. All that makes sense. But the real priorities for the country still lie elsewhere, as became More...

PM Leona Marlin-Romeo & Governor & Ferrier - 15 Jan 2018 - Photo by Roland Brison
By The Publisher On Thursday, April 12th, 2018

Prime Minister Romeo Marlin travels to Washington DC for Trust Fund of 580 Million US Dollars

PHILIPSBURG – A delegation of the World Bank is visiting Sint Maarten this week to help with the preparation of the early priority projects. The World Bank delegation is focused on disaster preparedness and emergency More...

Knops and Marlin-Romeo - 20180208 - HH
By The Publisher On Thursday, February 8th, 2018

Recovery money goes as grant into World Bank trust fund

PHILIPSBURG – The €550 million reconstruction fund the Netherlands has made available to St. Maarten will be deposited as a grant into a trust fund at the World Bank. How the money will be spent and  made More...