St. Martin News Network - Lidewijde Ongering new chairperson Boards of financial supervision.
St. Martin News Network - Latest News in and around the island of St. Maarten/St. Martin.
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St. Martin News Network - Latest News in and around the island of St. Maarten/St. Martin.
St. Martin News Network - Latest News in and around the island of St. Maarten/St. Martin.
St. Martin News Network - Latest News in and around the island of St. Maarten/St. Martin.
St. Martin News Network - Latest News in and around the island of St. Maarten/St. Martin.
Published: 07 July 2021 PHILIPSBURG:--- The government of Sint Maarten is facing great challenges with regard to the (multi-annual) budget. The budget for the current year 2021 reveals a deficit of approximately 20 percent of the Gross Domestic Product and has still has not been adopted by the Governor. Sint Maarten will have to work actively and methodically to reduce the budget deficit and create a surplus. This way the standards of the Kingdom Act on financial supervision (Rft) can be met and a start can be made on paying off the country's very high debts. In order to make heal...