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Tag archive for ‘World Bank’
By The Publisher On Tuesday, February 26th, 2019
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Knops puts Van Raak at ease about parliament building

PHILIPSBURG – There is no proposal at the parliament in St. Maarten to use money earmarked for the reconstruction after Hurricane Irma for “a new expensive parliament, a futuristic project for a salt-crystal More...

By The Publisher On Wednesday, February 13th, 2019
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Finance Minister confirms that funds from the World Bank could take six months

PHILIPSBURG—The Minister of Finance Perry Geerlings has stated that the only finance opportunity that the government negotiated is with the World Bank and the European Investment Bank is a package deal. The minister More...

By The Publisher On Tuesday, February 5th, 2019
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Time to Objectively Evaluate World Bank Program and Bottlenecks, says President of Parliament Wescot-Williams

Philipsburg, St. Maarten, February 4, 2019 – Amidst reports of accomplishments by the Government of St. Maarten as far as the Trust Fund is concerned, the debate continues as to the speed or lack there-of in More...

By The Publisher On Tuesday, January 22nd, 2019
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MP Emmanuel announces motion of no confidence

~ Minister Johnson absent from airport-debate ~ PHILIPSBURG – On the fringes of the parliamentary debate about the financing of the airport’s reconstruction National Alliance MP Christophe Emmanuel called More...

By The Publisher On Sunday, January 20th, 2019
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Prime Minister and Minister of Finance successfully negotiate 15 million dollar bridge loan for the Airport

PHILIPSBURG – Last week, Prime Minister Leona Romeo-Marlin and Minister of Finance Perry Geerlings travelled to the Netherlands to successfully negotiate and secure a bridge loan amounting up to 15 million US More...

By The Publisher On Wednesday, January 9th, 2019
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Council of Ministers supports airport financing through the World Bank and European Investment Bank

PHILIPSBURG – Over the past months, the Government of Sint Maarten has worked closely with the Netherlands, the World Bank and the European Investment Bank to secure the necessary funding for the full recovery More...

By The Publisher On Friday, December 21st, 2018
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Prime Minister Romeo-Marlin signs Grant Agreement for Debris and Landfill project

PHILIPSBURG – On Friday, December 21, Prime Minister Leona Romeo-Marlin signed the grant agreement with the World Bank for the Emergency Debris Management Project. This agreement provides US$ 25 million in funding More...

By The Publisher On Thursday, December 20th, 2018
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This does not add up

By Hilbert Haar Oh, oh, St. Maarten managed to generate some bad publicity again and the attempts by Prime Minister Leona Romeo-Marlin to explain herself do not come across as utterly convincing. The story is this More...

By The Publisher On Wednesday, December 19th, 2018
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Prime Minister of Sint Maarten responds to reports of the General Audit Chamber and the World Bank

PHILIPSBURG -– On December 14th, the General Audit Chamber of the Netherlands released a focus study on the contribution of the Netherlands to the recovery and reconstruction of Sint Maarten. This report recognizes More...

By The Publisher On Sunday, December 16th, 2018
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Questionable behavior

By Hilbert Haar The General Audit Chamber-report about Dutch assistance to St. Maarten in the wake of Hurricane Irma reveals that one of the island’s key state-owned enterprises – utilities company GEBE More...