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St. Maarten Residents Encouraged To Join Remaining Financial Literacy Month Sessions

Philipsburg, St. Maarten The Minister of Finance, Marinka Gumbs, thanks the public for their enthusiastic participation in Financial Literacy Month. The sessions held so far have been well attended, highlighting the communitys strong interest in gaining financial knowledge.

The Ministry invites residents to register for the remaining sessions:

Nov 19 Understanding Your Pension | APS

Nov 20 Understanding Your Income Tax Assessment | Emauro Schoop

Nov 25 Taxation on Real Estate Income | Stephan van Riemen

Nov 26 Financially Strong St Read more

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Finance Minister Finalising New Laws To Regulate Bank Fees

Finance Minister Marinka Gumbs.

PHILIPSBURG--Finance Minister Marinka Gumbs says several new financial laws are being finalised to strengthen consumer protection, promote financia Read more

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Telem Forks Out Xcg 230,885 In Travel In Past 9 Months, Consultants Travel Tab Xcg 169,602

POND ISLAND--The TelEm Management Board, Supervisory Board, and staff collectively spent XCG 230,885 on travel over the past nine months, Finance Minister Read more

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The Cbcs Nominated Candidate

Dear Editor,

On Monday morning, September 29, 2025 I followed the interview that Lady Grace conducted with the nominated candidate for the position of Chairman of the Supervisory Board of The Central Bank of Curacao and Sint Maarten (CBCS), Mr. Jairo Bloem. On the many questions asked by Lady Grace Mr. Bloem answered with an explanation on the nomination process. He also explained how it all started. The clarification was clear and simple. He concluded and stated that the Honorable Minister of Finance, Marinka Gumbs, did not break any law as some of the MPs insinuate.

It is very difficult to understand what the hupla of last week in Parliament was all about Read more

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Up, Na, Now Urge Finance Minister Gumbs To Immediately Retract Unlawful Cbcs Nomination

~ Individual not the issue, failure to follow law is ~

PHILIPSBURG--The United Peoples (UP) party, National Alliance (NA) and Nation Opportunity Wealth (NOW) factions have sent an official letter via Parliament calling on Minister of Finance Marinka Gumbs to immediately retract her controversial nomination of chairman of the Supervisory Board of the Central Bank of Curaao and St Read more

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No Cbcs Chairman Appointed, Finance Minister Says Govt Only Approved Conditional Nomination

Finance Minister Marinka Gumbs.

PHILIPSBURG--Finance Minister Marinka Gumbs told Parliament on Monday that no chairperson has been appointed to the Supervisory Read more

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Question Hour With Finance Minister On Cbcs Chair Appointment Today

PHILIPSBURG--National Alliance (NA) Member of Parliament (MP) Ardwell Irion will get a chance to question Finance Minister Marinka Gumbs on the appointment process of a chairman to the Supervisory Board of Directors of the Central Bank of Curaao and St Read more

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Kadaster, Vromi Move Toward First-Ever Strategic Commitment

In photo from left: Jonathon Charles - Operations Manager Kadaster, Cheryll Bute - Minister of Finance Cabinet, Marinka Gumbs - Minister of Finance, Benjamin Ortega - Managing Director Kadaster, Patrice Gumbs - Minister of VROMI, Kenson Plaisimond - Secretary General Ministry of VROMI and Luciano Nicholls.

PHILIPSBURG--Kadaster St Read more

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2025 Budget Passed After Intense Three-Day Debate

Finance Minister Marinka Gumbs responding to questions, while PM Dr. Luc Mercelina and Gumbs support staff look on.

~ Record 15 motions, two amendments tabled ~

PHILIPSBURG--After three days of sometimes intense debate and two marathon sessions, the Parliament of St Read more

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Finance Minister Tables New 2025 Draft Budget, Reports Strong Start To Fiscal Year

PHILIPSBURG--Finance Minister Marinka Gumbs presented a new draft 2025 national budget to Parliaments Central Committee on Monday, outlining projected revenues of Cg 586 million and expenditures of Cg 577 million, resulting in a forecasted surplus of Cg 9 million.

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Minister Gumbs Announces 2025 Tax Tables Publication

Finance Minister Marinka Gumbs.

PHILIPSBURG--The Ministry of Finance has officially published the 2025 tax tables, providing taxpayers, employers and employees with essential guidance for accurate tax calculations, withholdings and filings.

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Cbcs Symposium Focuses On Improving St. MaartenS Stats

Prime Minister Dr. Luc Mercelina, Minister of Finance Marinka Gumbs and TEATT Minister Grisha Heyliger-Marten at the forum.

PHILIPSBURG--The Central Bank of Curaao and St Read more

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Civil Servants To Get 8% Vacation Pay And 2% Retroactive Increase This Year

PHILIPSBURG--Finance Minister Marinka Gumbs addressed concerns regarding the vacation pay and retroactive indexation for civil servants during the live Council of Ministers press briefing on Wednesday.

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Ser Submits VisitorS Tax Advice To Brug, Proposed Tax $15 Per Adult, $10 Per Child

From left: VSA Minister Richinel Burg, Finance Minister Marinka Gumbs, TEATT Minister Grisha Heyliger-Marten and SER chairman Read more

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Coci Welcomes Finance MinisterS Initiative To Combat Tariffs Impact

PHILIPSBURG--The St. Maarten Chamber of Commerce and Industry (COCI) said on Tuesday that it welcomes what it referred to as the proactive initiative by Finance Minister Marinka Gumbs towards forming a dedicated task force to assess and mitigate the impact of the pending US tariffs on global trade.

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Curtains Close On Naf. As Minister Gumbs Launches The Birth Of The Caribbean Guilder

Finance Minister Marinka Gumbs performed the symbolic and official exchange from NAf to the Cg to bring the very first Caribbean guilder into circulation at the CBCS St Maarten office on Monday. Looking on is CBCS President Richard Doo Read more

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President Of Parliament Wescot-Williams Rejects Approval Of Final Text 2025 Budget

Page one of the letter sent to the PM and finance minister.

PHILIPSBURG--President of Parliament Sarah Wescot-Williams has informed Prime Minister (PM) Dr. Luc Mercelina a Read more

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Finance Minister Gumbs Reviewing Taxation On Tips

Finance Minister Marinka Gumbs (second right) and members of her team in Parliament on Monday.

 PHILIPSBURG Finance Minister Marinka Gumbs is reviewing the taxation of tips, Read more

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Gumbs, Teatt, Vsa Meet With Ser On Proposed Tourist Tax Law

PHILIPSBURG--Finance Minister Marinka Gumbs on Wednesday reiterated her commitment to implementing a tourist tax as part of broader tax reforms aimed at reducing the financial burden on the working population.

Speaking at the live Council of Ministers press briefing on Wednesday, Gumbs said a meeting was held with the Social Economic Council SER to address concerns and questions regarding the proposed tourist tax legislation Read more

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Priority Service For Elderly, Seating Improvements At ReceiverS Office

PHILIPSBURG--Priority service for the elderly and seating for clients comfort are improvements that Finance Marinka Gumbs has instituted at the Receivers Office.

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Gumbs: Study Needed As To Why Soul Beach No Longer In Aruba

~ MOU to be signed with SCDF ~

PHILIPSBURG--A clearer study needs to be conducted as to why the Soul Beach Music Festival is no longer in Aruba, says Finance Minister Marinka Gumbs.

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Minister Of Finance Announces Payment Of 2% Cola To Subsidized School Teachers

PHILIPSBURG, Sint Maarten — The Minister of Finance, Marinka Gumbs, is pleased to inform subsidized school teachers that the long-awaited 2% Cost of Living Adjustment (COLA), which was granted to civil servants in September 2024, has been disbursed to subsidized schools as of last week, and it is now the responsibility of the schools to ensure that these payments are made to the teachers.

The Minister empathizes with the challenges faced by subsidized school teachers due to the delayed payment of the 1% vacation allowance increase, the 1% COLA paid out in December 2023 to civil servants, and the recently disbursed 2% COLA indexation Read more

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2% Cola For Subsidised School Teachers Paid To Schools Last Week

Finance Minister Marinka Gumbs.

PHILIPSBURG--Minister of Finance, Marinka Gumbs, announced on Tuesday evening that long-awaited two per cent cost-of-living adj Read more

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Govt. To Explore Charging Airlines To Use Airspace As Revenue Stream

Finance Minister Marinka Gumbs.

PHILIPSBURG--Finance Minister Marinka Gumbs in conjunction with Minister of Tourism, Economic Affairs, Transport and Telecommun Read more

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