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IRION, Ardwell In The News 2024Source: Today SXM

Ardwell Irion


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9

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SPA
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Source: 721 News
17 Apr 2024 03:38 PM

Swept Under The Rug

I presented a motion in June of 2021 almost 3 years ago asking that the subject of debt cancellation for St. Maarten be discussed. I was moved to do so after discovering that St. Maarten was paying 12.7 million guilders annually on an almost 1 billion guilders debt. It is no secret that it would take some 100 years to pay it off, hence my motion which was unanimously supported.

The International Monetary Fund had also suggested that the Dutch government look at Debt cancellation, however what came afterwards due to the covid19 pandemic is additional loans of some 300 million guilders Read more


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