Loading...
You are here:  Home  >  'liquidity support'
Latest

St. Maarten negotiations on the 3rd tranche of liquidity support start today

By   /  November 14, 2020  /  Finance, Government  /  Comments Off on St. Maarten negotiations on the 3rd tranche of liquidity support start today

POND ISLAND — The discussion on the third tranche of liquidity support commenced this morning, Friday, November 13, 2020, after the Kingdom Council of Ministers (RMR) meeting, wherein State Secretary Knops expressed the willingness of the Netherlands to engage in discussions with St. Maarten on the third tranche for liquidity support. St. Maarten has been […]

Read More →
Latest

Knops issues tight deadlines for liquidity support conditions

By   /  July 11, 2020  /  Kingdom Affairs  /  Comments Off on Knops issues tight deadlines for liquidity support conditions

PHILIPSBURG – Government and Parliament will have their hands more than full in the next couple of weeks now that State Secretary Drs. Raymond Knops has released the detailed conditions for continued liquidity support. St. Maarten must get a whole range of measures in place by mid-September and for some measures, the deadlines are even […]

Read More →
Latest

Council of Ministers in Disagreement with Dutch Proposed New Entity

By   /  July 7, 2020  /  Finance, Government  /  Comments Off on Council of Ministers in Disagreement with Dutch Proposed New Entity

PHILIPSBURG – Twenty-four hours after receiving the long-awaited documentation concerning the “New Entity” proposed by the Dutch Government, the Council of Ministers, in its meeting of today, unanimously agreed that the proposed Consensus Kingdom Law and other relevant documents related to the entity are unacceptable as presented. This comes, a mere four days before Aruba, […]

Read More →
Latest

Prime Minister Silveria Jacobs concerned about “New Entity” being proposed

By   /  June 27, 2020  /  Finance, Government  /  Comments Off on Prime Minister Silveria Jacobs concerned about “New Entity” being proposed

PHILIPSBURG — A four-country consultation between the Netherlands, Curacao, Aruba, and St. Maarten was held on Thursday, June 25, 2020, with the main agenda point being the new entity proposed by the Netherlands as a condition for the 3rd Tranche of COVID-19 liquidity support. Documentation for said entity, however, remains pending. The new entity formed […]

Read More →