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Gibson Sr.: Fuel Clause Being Used To Mask Other Charges

Former Finance Minister Richard Gibson Sr.

~ Chris: Comments day late and many dollars short ~

PHILIPSBURG--Former Minister of Finance Richard Gibson Sr. said in a press r Read more

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Ohndhae Marlin: It Is Time For Me To Step Forward To Strengthen Na

Cloyd Ohndhae Marlin took the baton from his father William Marlin on Saturday.

PHILIPSBURG--Cloyd Ohndhae Marlin officially launched his political career on Saturday. His father, Member of Parliament (MP) William Marlin, passed on the baton of political leadership and his black book of political knowledge to his son, affectionately known as Ohndhae.

In his speech, Marlin senior paused for a moment of silence in honour of the late Edgar Lynch, a local political icon, and said: I am sure a fathers pride is measured in moments like this one, but even more than pride is the confidence that I am passing the baton to competent hands that will make St Read more

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Former Minister Richard Gibson Dismayed By Bribery Insinuations

Former Minister of Finance Richard Gibson in 2017, with then Prime Minister and National Alliance leader Read more

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PHILIPSBURG--Actual pension reforms in St. Maarten are one step closer to being implemented following the signing of an agreement between the general pension fund administrator APS and St. Maarten’s Finance Minister Richard Gibson, Sr.

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PHILIPSBURG--Members of Parliament (MPs) started their discussion on Thursday, with Finance Minister Richard Gibson Sr. on the draft law aimed at harmonizing supervision of financial institutions on Curaçao and St. Maarten by the Central Bank.

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Wescot Requests Discussion Of Taxes In Finance Committee

PHILIPSBURG--After several requests for information on taxes and the answers provided by Minister of Finance Richard Gibson, Chairwoman of Parliament Sarah Wescot-Williams has now requested the Chairman of the Finance Committee to convene a meeting to discuss the fiscal and tax systems of St Read more

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Gibson: ‘Country’S Wellbeing Depends On Its Financial Health’

PHILIPSBURG--“A country’s wellbeing depends on its financial health. The one cannot exist without the other,” said Minister of Finance Richard Gibson on Tuesday during the presentation of his Ministry’s year plan.

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Tromp Fails Screening For Confidentiality Post

WILLEMSTAD/PHILIPSBURG--Suspended President of the Central Bank of Curacao and St. Maarten Emsley Tromp has not passed the security screening required by law for persons holding confidential positions in Government and government-related entities.  

  Finance Minister Richard Gibson Sr. announced the result of the screening in the Council of Ministers Press Briefing on Wednesday Read more

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Parliament Handles 2012 Annual Accounts

PHILIPSBURG--Five years on, Parliament has started the handling of the national ordinance to establish the 2012 Annual Accounts. Finance Minister Richard Gibson Sr. tabled the draft ordinance in the Central Committee of Parliament on Monday afternoon.

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Gibson: Airport, Harbour Should Pay Departure Tax

PHILIPSBURG--Finance Minister Richard Gibson says Princess Juliana International Airport and Port St. Maarten (Harbour) should pay a “departure tax” to government as is the case in other countries.

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Government Registers Naf. 1.1 Million Surplus

PHILIPSBURG--Government has registered a surplus of NAf. 1.1 million in revenues in 2016, Finance Minister Richard Gibson announced on Wednesday.

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Dutch Still Hesitant On Aiding With De-Risking

POND ISLAND--The Dutch Government is still “not on board” with aiding the Dutch Caribbean islands, including St. Maarten with tackling the de-risking of commercial banks, said Finance Minister Richard Gibson Sr. on Wednesday.

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Gibson Sr. Expects Cft ‘Green Light’ For Budget

PHILIPSBURG--Finance Minister Richard Gibson Sr. said Wednesday he expects the Committee of Financial Supervision CFT to give its final “green light” for the 2017 Budget any time after January 10, 2017.

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Country 2017 Budget Approved By Parliament

PHILIPSBURG--Finance Minister Richard Gibson Sr. can once again brag about presenting a balanced budget and getting it approved by majority of Parliament for a second time. Ten Members of Parliament voted for the NAf. 458,101,671 budget presented by Minister Gibson on Monday Read more

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Motion Tabled To Aid In Avoidance Of Criminal Prosecution For Back Taxes

PHILIPSBURG--Government has been called on, via a yet-to-be voted on motion from Parliament, to initiate a public campaign to inform the population of the possibilities it has to make use of the tax facilities provided by General Ordinance on Taxes, such as the voluntary disclosure scheme (“Inkeerregeling” in Dutch) on how to avoid criminal prosecution under law.

  The motion also calls on Government to allow for a longer period to pay taxes owed and adjust its collection policy accordingly.

  Finance Minister Richard Gibson Sr Read more

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Gibson Aims To Make The Country Debt Free

PHILIPSBURG--Finance Minister Richard Gibson has set his aim on making the country completely free of its past debt by 2018. He told Parliament on Monday afternoon after he tabled the 2017 draft budget for approval that on the current trajectory the pending NAf Read more

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Draft Budget Up For Approval On Monday

PHILIPSBURG--Finance Minister Richard Gibson Sr. will be back in Parliament on Monday at 2:00pm to present the draft 2017 budget for approval. The budget will pass into law once approved by Parliament. However, it will still need the stamp of approval from the Committee for Financial Supervision CFT.

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Naf. 10 Departure Tax Pending For Country

PHILIPSBURG--A departure tax of NAf. 10 is pending for the country. This tax, when implemented by Government, will affect all passengers leaving the country, except cruise ship passengers. Finance Minister Richard Gibson anticipates this tax will raise some NAf Read more

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Port Registers Loss Of Us $9 Million

PHILIPSBURG--Port St. Maarten has registered a US $9 million loss, a shortfall Government will have to cover, disclosed Finance Minister Richard Gibson.

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Draft 2017 Budget Up Naf. 20M From This Year

PHILIPSBURG--Finance Minister Richard Gibson has managed to increase the budget for the coming year by NAf. 20 million more than the amount budgeted for 2016. The total budget stands at NAf Read more

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Gibson Sr. Disagrees With Cft On Income Not Keeping Track

PHILIPSBURG--Finance Minister Richard Gibson Sr. said Wednesday he disagreed with the mid-year report of the Committee for Financial Supervision CFT that the country’s budget income for this year is not keeping track with actual collections.

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New Govt. Administration Building Opens, Ministers Have Relocated

~Govt. to save NAf. 350,000 to 400,000 monthly ~

POND ISLAND--After sitting unoccupied for eight years, the new Government Administration Building on Pond Island was opened during a ceremony held in front of the entrance on Friday.

Prime Minister William Marlin, Justice Minister Richard Gibson and representatives of Social and Health Insurances SZV and General Pension Fund Administrator APS cut the ribbon to declare the new government administration building open Read more

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Gibson: 2M In Casino Taxes Collected, Promise Kept To Not Increase Road Tax

PHILIPSBURG--Finance Minister Richard Gibson said on Wednesday that Government has again proven that a promise made is a promise kept, with the recent collection of NAf. 2 million of arrears in casino taxes.

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Urgent Parliament Meeting Requested On Pearl Of China

PHILIPSBURG--An urgent public meeting of Parliament has been requested by three Members of Parliament about the Pearl of China project slated for the Belair beachfront.

The request comes two days after the symbolic ground-breaking, about three weeks following the announcement by Finance Minister Richard Gibson Sr. of the 326-room hotel with showroom and 450 executive apartments and less than a week before the September 26 Parliamentary election Read more

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