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St. Maarten Will Get The 3Rd Tranche For Ssrp Support.

Source: SMN-News 15 Jul 2020 11:09 AM

~ 12.5% salary cuts will be across board.~

PHILIPSBURG:--- St. Maartens finance Minister Ardwell Irion said on Wednesday that St. Maarten will receive the NAF23M as the third tranche for the SSRP support. Irion said that St. Maarten has met all the conditions required by the Dutch Government for SSRP support. He said just recently the CFT confirmed that St. Maarten has done what is asked of them and they were requested to send all decisions taken by the Council of Ministers with regards to SSRP to the CFT.
The Dutch Government has asked that St. Maarten cut salaries across the board by 12.5% while cutting salaries for directors of government-owned companies.
The Finance Minister said the Dutch Government made clear that none of the countries should not reduce its staff to meet the requested cuts.
In the meantime, Prime Minister Silveria Jacobs who recently returned from the Netherlands said the Prime Minister of the Netherlands has a better understanding of what is taking place in the overseas countries since St. Maarten, Aruba and Curacaos Prime Ministers attended the Kingdom Council of Ministers meeting where they defended their countries.
Jacobs said St. Maarten is in favor of financial reforms and has this outlined in its National Development Plan which will soon be launched.
Jacobs said the focus will be placed on further empowering its civil servants through courses such as the law course and policy writing workshop.

Silveria Jacobs mentioned 1 time
Ardwell Irion mentioned 1 time

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