~ Country Package agreements & extension of NAf 50 million loans secured ~
PHILIPSBURG:--- Sint Maarten was able to secure and finalize the necessary agreements for the third tranche of liquidity support after meeting additional conditions that were set during the Kingdom Council of Ministers (RMR) meeting held on Friday, December 18. On Monday, December 21, the government of Sint Maarten sent a clarification letter to State Secretary Knops responding to the additional requirement, and confirmation was received from BZK to move forward with the agreements which were finalized in a virtual signing on both sides of the Atlantic this morning, Tuesday, December 22, 2020.
Leading up to the RMR meeting, preparations had been made on a technical level, in order for State Secretary Knops to deliver positive advice to the RMR for St Read more
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