SXMElections.com

Fête De La Cuisine.

PHILIPSBURG:--- This Friday at Oyster Bay Beach Resort's Infinity Restaurant, Fête de la cuisine organizer Henri Brookson handed over a $1,758.57 cheque to the Sint Maarten Hospitality & Trade Association. The donation was the result of a collaboration between Fête de la Cuisine and Oyster Bay Beach Resort Infinity Restaurant to donating 50% on the net proceeds of the night’s event, to enable Sint Maarten to send our culinary team to the regional Taste of the Caribbean culinary contest Read more

Caft Chairman Age Bakker: “Keep Doing The Utmost To Meet Deficit Norms.

Oranjestad:--- During its most recent visit to Aruba, the Board of financial supervision for Aruba (CAft) indicated that the utmost must be done in order to meet the maximum acceptable deficit norm. At this moment particularly the indirect tax income is lagging well behind under the influence of low economic growth. In contrast, the reopening of the oil refinery will result in additional income for the government. The estimated direct tax revenue of Aruba for 2018 represents a 22% rise. This is such a strong increase that the CAft is not sufficiently convinced of the long-term sustainability of the Aruba public finances.

Budget implementation in 2016
The implementation report for the period up to the third quarter shows that the deficit of the public sector over this period amounted to 1.5% of GDP Read more