Parliament Approves All Three Laws Presented To Enforce Cost Cutting Measures
~ A sacrifice was made, but salaries ensured ~
Philipsburg Prime Minister Silveria Jacobs together with Minister of Finance Ardwell Irion presented the three publicly debated legislative amendments to the Parliament of Sint Maarten on the cost cutting measures. The first being the Temporary National Ordinance to standardize the top incomes and reduce the employment benefits by 12.5% per July 1, 2020, within the (semi) public sector entities in order to meet the conditions set by the Government of the Netherlands for receiving the second tranche of liquidity support Read more
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