Prime Minister Silveria Jacobs Concerned About New Entity Being Proposed
PHILIPSBURG, Sint Maarten A four-country consultation between the Netherlands, Curacao, Aruba, and St. Maartennwas 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 a part of the take it or leave it proposal made on May 12, 2020, and confirmed in the Kingdom Council of Ministers meeting on May 15, 2020, in order for the Caribbean countries within the Dutch Kingdom to receive liquidity support.
Since the conditions were accepted, insofar as it does not violate local, kingdom, or international laws, information on this new entity has to date, not been forthcoming, despite the numerous consultations with the Netherlands Read more
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