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~ High budget deficit says Minister of Finance~

PHILIPSBURG: --- The Council of Ministers has approved the 2022 budget confirmed by Minister of Finance Ardwell Irion on Wednesday. The Minister said that the budget will be sent to the parliament of St. Maarten by the end of this week after changes are made with two ministries. This however will increase the deficit that now stands at NAF 128M Read more

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PHILIPSBURG:--- On Thursday, November 18, the Council of Ministers held a fruitful consultation meeting with the Committee for Civil Servants Unions (CCSU) and its members of the Windward Island Civil Servants Union (WICSU/PSU), Windward Islands Teachers Union (WITU), and Algemene Bond van Overheid en Overige Personeel (ABVO) union as well as a representative of NAPB. The meeting, which was chaired by CCSU Chair Mr. Rafael Boasman, served as an opportunity for the membership to be updated on the Constitutional Courts verdict which confirmed governments position surrounding the three temporary national ordinances and pose their questions concerning this Read more

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PHILIPSBURG:--- During Thursdays central committee independent member of parliament, Claudius Buncamper addressed the minister of finance, Ardwell Irion regarding the country packages related to the ministry of finance Read more

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PHILIPSBURG The Ministry of Education, Culture, Youth and Sport (MECYS) through the Department of Sport and its executive arm, the National Sports Institute (NSI) collaborated with the Sint Maarten Medical Center (SMMC) in the refurbishment of the multipurpose court at the John Cooper Jose Lake Ball Park. The Minister of ECYS signed a Memorandum of Understanding with SMMC in which renovations would be made to the court in exchange for the temporary usage of space at the Raoul Illidge Sports Complex for the ongoing construction of the hospital and the placement of the Covid-19 pavilion Read more

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Cbcs Conference: Building Value With Emerging Technologies.

WILLEMSTAD/PHILIPSBURG:--- On the 2nd of December, 2021, the Centrale Bank van Curaao en Sint Maarten (CBCS), will be hosting the Building Value with Emerging Technologies Conference at the Simpson Bay Resort in Sint Maarten. During this event, several renowned speakers, such as Mr. Olivier Rikken (Partner and founder of Emerging Horizons), Mr. Rik Willard (Founder and Managing Director of Agentic), and Mr. Errol Cova (Head of the Expert Supervision Department and Chair of the Innovation Platform of the CBCS) will provide an insight into blockchain and other emerging technologies Read more

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Secret Recording And Statements With Chairman Of Parliament Is A Up Internal Matter.

PHILIPSBURG: --- Minister of VROMI Egbert Jurendy Doran in response to questions posed by the media on Wednesday at the Council of Minister's press briefing regarding the statements made in a secret recording of the chairman of parliament said that he is of the opinion that the matter is an internal matter of the United Peoples Party (UPP) Read more

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PHILIPSBURG:--- On October 29, 2021, Algemeen Pensioenfonds Sint Maarten received a letter from Minister of Finance Ardwell Irion informing the pension fund that its 2022 budget has been approved. The deadline for approval was November 1.

Despite the ongoing Covid-19 pandemic, APS net operational result in 2022 is expected to be positive at ANG 13.6 million, driven by strong positive results on investments Read more

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Central Committee Meeting Of Parliament Regarding The Draft National Decree On International Assistance With The Levying Of Taxes.

PHILIPSBURG:--- The House of Parliament will sit in a Central Committee meeting on October 22, 2021.

The Central Committee meeting is scheduled for Friday at 14.00 hrs. in the General Assembly Chamber of the House at Wilhelminastraat #1 in Philipsburg. The Minister of Finance, Mr. Ardwell Irion will be present.

The agenda point is:
Draft National Decree, containing general measures, in connection with the implementation of Article 61a of the General National Ordinance on Country Taxes (National Decree on international assistance with the levying of taxes (IS/081/2021-2022 dated October 1, 2021)

Due to measures taken to mitigate the coronavirus (COVID-19), the House of Parliament is only allowing persons with an appointment to enter the Parliament building.
The parliamentary sessions will be carried live on St Read more

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Aps Offers Budget 2022 To Minister Of Finance.

PHILIPSBURG:--- On September 29, 2021, before the annual deadline of October 1st, stipulated in the National Ordinance, Algemeen Pensioenfonds Sint Maarten (APS) offered its proposed Budget 2022 to the Honorable Minister of Finance Mr. Ardwell Irion.

Despite the ongoing Covid-19 pandemic, APS net operational result in 2022 is expected to be positive at ANG 13.6 million, driven by strong positive results on investments Read more

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PHILIPSBURG:--- Independent Member of Parliament Christophe Emmanuel on Sunday said the Minister of Finance Ardwell Irion proved once again that the financial information he shares with the Parliament and the people of St. Maarten cannot be trusted. The misinformation and hiding of the truth continue, MP Emmanuel said.
The MP was referring to the disclosure by Minister Irion that a 7.5% sales tax for online purchases is on the table as part of the governments tax reform plans Read more

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PHILIPSBURG (DCOMM):--- Members of Association of Dutch Municipalities VNG-International handed over final reports of Building Codes and Technical Norms to Prime Minister Hon. Silveria Jacobs and Minister Hon. Ardwell Irion, on behalf of the Minister of VROMI Hon Read more

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PHILIPSBURG:--- Minister of Finance Ardwell Irion announced on Wednesday at the Council of Ministers press briefing that he took note of the reports made by the CFT. He said he noticed the report did not mention anything about the recommendations made by the IMF in their reports that state that the Netherlands should cancel the debt St. Maarten accumulated through liquidity support Read more

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~Tax advisors present Finance Minister with Caribbean tax law book~

PHILIPSBURG, Sint Maarten On Friday afternoon Minister of Finance Hon. Ardwell Irion received a copy of the book Capita Selecta; Caribisch Fiscaal Recht,
presented by Tax Inspector Marco Aalbers and Tax Advisor Quincy Lont. Both Aalbers and Lont are working in the tax field on Sint Maarten for many years and are co-authors of the book.
The book contains a unique thematic introduction to the tax law as it applies to Sint Maarten, Curacao, Aruba, the BES islands, and Suriname Read more

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PHILIPSBURG:--- Independent Member of Parliament (MP) Christophe Emmanuel on Tuesday said he still cannot understand how a government that professes to care about its people is so comfortable and still unable to realistically tackle the issues that would improve their standard of living, but prefer to look at new ways to inflict more tax burden directly and indirectly upon them.
In this context, the MP referred to the Minister of Finance Ardwell Irions tax reform presentation on Monday to Parliament as a presentation of nothing Read more

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PHILIPSBURG:--- On July 26, the Honorable Ministers of General Affairs Silveria Jacobs; Justice, Anna Richardson; Finance, Ardwell Irion; TEATT, Ludmila de Weever; and Education, Culture, Youth and Sport, drs Read more

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Mp Buncamper Sends Letter To Minister Of Finance.

The Minister of Finance
Mr. Ardwell Irion,
Government Administration Building,
Soualiga Road # 1,
Philipsburg,
St. Maarten.

Subject: APS local investment questions.

Honorable Minister Irion,
I would like to receive some information on the ROI of the local investments made by the General Pension Fund dating back from when e came country on 10-10-10.
In many discussions and in the reports of the General Audit Chamber the picture painted doesnt truly show a good investment climate locally when it comes to investing, or that the investments made arent really followed up on and thus hampering a proper return on investment Read more

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~ To await Constitutional Court decision ~

PHILIPSBURG:--- On Tuesday, June 29th, the Honorable Ministers of General Affairs Silveria Jacobs; Justice, Anna Richardson; Finance, Ardwell Irion; Education, Culture, Youth and Sport, drs Read more

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Civil Servants Will Not Get Vacation Allowances As Of Now.

~ Government focusing on paying salaries. ~

PHILIPSBURG: --- Civil Servants that are looking out for their vacation allowances as of June 15th will have to wait a bit longer as the government of St. Maarten is focusing on paying salaries as of now.
In response to a question posed by SMN News, the Minister of Finance Ardwell Irion said that St Read more

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~ Says Naf 39 million only when Knops gets what he wants ~

PHILIPSBURG:--- Independent Member of Parliament Christophe Emmanuel on Tuesday called on Minister of Finance Ardwell Irion to let civil servants know if they will get the 50% vacation pay owed to them from 2020 and the full 100% due for 2021 since there is no legal basis for a reduction or to not pay it Read more

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~ Engines 7, 15, 17,19, and 20 down, hotels must cooperate or else island-wide blackout~.

PHILIPSBURG:--- The load shedding announced by N.V GEBE some three days ago continues in several areas of the island. It is expected that the load shedding will increase as heavy fuel at the power plant ran out.
SMN News learned that engines 7, 15, 17 19, and 20 were all down, however, GEBE mechanics managed to get engine 20 back up but this engine is not producing its full capacity due to the light fuel Read more

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PHILIPSBURG:--- St. Maarten had much to celebrate on Saturday morning as the island made history by beginning Homeporting for cruise lines. The first cruise line that opted to begin their Caribbean cruise from St. Maarten is Celebrity.
Among those that attended the historic ceremony were Members of Parliament Grisha Heyliger Marten, Mellissa Gumbs with Ministers of Education Rodolphe Samuel, Minister of Health Omar Ottley, Minister of Finance Ardwell Irion, Minister of Justice Anna Richardson, Minister of Economic Affairs Ludmilla de Weever, and Prime Minister Silveria Jacobs Read more

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~ Dutch Government and local governments want good corporate governance at PJIAE~

PHILIPSBURG:--- Minister of Finance Ardwell Irion remains optimistic that St. Maarten will receive the promised NAF39M in liquidity support from the Dutch Government, however, the Minister of Finance could not say when e expects the much-needed funds on St Read more

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No 5Th Tranche For St. Maarten Unless Tangible Improvement Of Corporate Governance At Pjiae.

~ Meetings on Dispute regulations hold off on handling~

PHILIPSBURG: --- The Kingdom Council of Ministers has given their support to State Secretary Raymond Knops to continue withholding the 5th tranche of liquidity support from St. Maarten until there is tangible improvement with Corporate Governance at the Princess Juliana International Airport (PJIAE). St. Maarten was given until May 26th, 2021 to regulate the issues at PJIAE however, the deadline has not been met according to the requirements the Dutch demanded.
The scheduled meetings to debate the Dispute Regulations have also been placed on hold with the First Chamber supporting the Caribbean Countries of the Dutch Kingdom since the regulation has not gotten any support from St Read more

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PHILIPSBURG:--- Prime Minister Silveria Jacobs and Minister of Finance Ardwell Irion traveled to the Netherlands yesterday, May 25, 2021, to rectify the non-payment of the fifth tranche of liquidity support Read more

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