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5Th Tranche Received, Govt. Will Still Be In Deficit After June Expenses

Finance Minister Ardwell Irion in Parliament on Monday.

PHILIPSBURG--Although government has received the fifth tranche of NAf. 39 million liquidity support loan from the government of the Netherlands, the administration still faces a deficit of more than NAf. 20 million after its June expenses.

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640 Jobs Created In St Maarten, Saba, Statia Due To Qredits Loans

CEO Elwin Groenevelt presents the first St. Maarten Social Impact Report to Finance Minister Ardwell Irion.

PHILIPSBURG--A total of 640 new jobs have been created in St. Maarten, Saba and St. Eustatius thanks to small business loans from Qredits.

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Mps Question Irion On Range Of Issues

The Council of Ministers at the beginning of Thursdays budget debate. (John Halley photo)
PHILIPSBURG--Members of Parliament (MPs) on Thursday posed a number of questions to Finance Minister Ardwell Irion, who presented the draft 2021 budget in a meeting of the Central Committee of Parliament.

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Irion Presents Naf. 613 Million Budget With Naf. 241M Deficit

Finance Minister Ardwell Irion (centre) flanked by Prime Minister Silveria Jacobs (left) and Justice Minister Anna Richardson (right).

PHILIPSBURG--We recognise that the 2021 budget needs much improvement, Finance Minister Ardwell Irion said on Thursday as he presented the NAf Read more

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Irion Says Country Running On Month-To-Month Basis

Finance Minister Ardwell Irion.

PHILIPSBURG--St. Maarten is currently being run on a month-to-month basis with the absence of the much-needed liquidity support from the Netherlands, which has been put on hold based on issues at Princess Juliana International Airport (PJIA). 

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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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Emmanuel Calls On Irion To Inform Civil Servants About Vacation Pay

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

PHILIPSBURG, Sint Maarten — 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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~ 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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First Passenger Cruise In 15 Months Set Sail On Saturday

Government officials pose for a group photo on Saturday while cruise ship Celebrity Millennium takes on passengers. From left: VSA Minister Omar Ottley, ECYS Minister Rodolphe Samuel, MP Grisha Heyliger-Marten, Justice Minister Anna Richardson, Prime Minister Silveria Jacobs, TEATT Minister Ludmila de Weever, Finance Minister Ardwell Irion, and MP George Pantophlet 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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Irion Is Confident Liquidity Support Will Be Disbursed

Finance Minister Ardwell Irion.

PHILIPSBURG--Finance Minister Ardwell Irion is confident that the NAf. 39 million liquidity support for St. Maarten will eventually be disbursed.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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Emmanuel: Pm Must Come Clean With Parliament And The People

Independent MP Christophe Emmanuel. 

PHILIPSBURG--Independent Member of Parliament (MP) Christophe Emmanuel said on Sunday that Prime Minister Silveria Jacobs should tell the truth after what he called an embarrassing showing by her and Finance Minister 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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Prime Minister Silveria Jacobs Travels To Netherlands To Rectify Non-Payment Of Liquidity Support

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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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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Pm, Irion In Netherlands To 'Rectify' Non-Payment Of Liquidity Support

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

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Govt. Liquidity Critical By Month End Without Substantial Hike In Income

Finance Minister Ardwell Irion.

PHILIPSBURG--Governments liquidity will be in a critical state by the end of this month or early next month unless income increases substantially or expenses are lowered, Finance Minister Read more

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Irion Presents 2020 Budget Amendment

Finance Minister Ardwell Irion during the meeting.

PHILIPSBURG--While expenditure for the disaster year 2020 was originally budgeted at NAf. 610.6 million; actual expenditure stood at NAf. 570 million, a difference of 40 million, the draft 2020 budget amendment presented to Members of Parliament (MPs) by Finance Minister Read more

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Irion: Former Ministers Should Be Held Accountable For Actions

Finance Minister Ardwell Irion

PHILIPSBURG--Finance Minister Ardwell Irion believes that former ministers should be made examples and held accountable for their actions executed w Read more

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~ Government yet to deliberate the Henderson International verdict. ~

PHILIPSBURG: --- The Council of Ministers is yet to deliberate the verdict delivered on Tuesday against the local and Kingdom Government with the contract that was taken away from Henderson International in late 2017 and granted to Smith & Orloff Associates by former Prime Minister Leona Romeo Marlin cabinet.
Prime Minister Silveria Jacobs said that while the Council of Ministers was notified of the verdict the COM did not get a chance to deliberate and make a decision on its way forward.
SMN News asked the Prime Minister and Minister of Finance if the Jacobs 2 cabinet will consider holding the Ministers personally liable for the decisions they took that have since impacted government coffers Read more

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Minister Of Finance Receives First 2021 Fiscal Law Publication From Grant Thornton

Philipsburg, Sint Maarten Grant Thornton St. Maarten presented its latest publication of the Fiscal Law book 2021
“FiscaleWetgeving2021” to the Minister of Finance of St. Maarten, Mr.Ardwell Irion.The publication was handed over by Paul van Vliet, Tax Partner and HerbertBeldman,Partner Assurance & AdvisoryGrant Thornton Read more

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PHILIPSBURG:--- Grant Thornton St. Maarten presented its latest publication of the Fiscal Lawbook 2021
"Fiscale Wetgeving 2021" to the Minister of Finance of St. Maarten, Mr. Ardwell Irion. The publication was handed over by Paul van Vliet, Tax Partner, and Herbert Beldman, Partner Assurance & Advisory Grant Thornton. The firm has been publishing an overview of current and relevant tax laws of Aruba, the BES islands, Curaao and St Read more

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