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GIBSON, Richard In The News DEC 2016Source: Today SXM

Richard Gibson


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Source: Today SXM
12 Feb 2016 05:22 PM

Dollarization Would Free Up 250 Million For Investments

St. Maarten News – Dutch preparedness to assist St. Maarten with the strengthening of the tax inspectorate went only that far and dollarization would free up 250 million guilders for capital investments, Finance Minister Richard Gibson said yesterday during the meeting of the central committee of parliament about the handling of the draft 2016 budget.

The minister reached an initial agreement about the support during his first visit to the Netherlands last year, but soon after it turned out that the Netherlands demanded €1.5 million in compensation for travel and housing expenses Read more

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Source: Today SXM
03 Feb 2016 06:18 PM

Finance Minister Gibson: “Very Frugal Budget With Room For Expansion”

St. Maarten News:  The government intends to sell the new administration building on Pond Island for around 50 million guilders to social insurance agency SZV. With the building, SZV will also acquire the adjacent terrain of more than 15,000 square meters and the parking lot that borders on the TelEm property of 5,000 square meters. A parcel of land bordering on this parking lot of 1,800 square meters is also part of the deal. This appears from the explanatory notes with the draft 2016 budget that Governor Holiday submitted to the parliament on Monday.

In the preface, Finance Minister Richard Gibson Sr Read more

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Source: Today SXM
03 Feb 2016 06:16 PM

Plasterk About Dispute Regulation “Kingdom Cannot Deviate From Decisions, Unless …”

St. Maarten News:  The Kingdom Council of Ministers cannot deviate from an advice issued by a dispute regulator, unless such a deviation is properly motivated,” Kingdom Relations Minister Ronald Plasterk said at a press conference yesterday at the end of his visit to St. Maarten. With this statement, Plasterk seems to come back from his earlier stance that the Kingdom Council of Ministers should always have the last word in disputes between the countries in the kingdom.

The only issue that separates Plasterk and the Caribbean autonomous countries St Read more

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