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Irion Presents 2020 Budget Amendment

Finance Minister Ardwell Irion during the meeting.

PHILIPSBURG--While expenditure for the disaster year 2020 was originally budgeted at NAf. 610.6 million; actual expenditure stood at NAf. 570 million, a difference of 40 million, the draft 2020 budget amendment presented to Members of Parliament (MPs) by Finance Minister Read more

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Irion: Former Ministers Should Be Held Accountable For Actions

Finance Minister Ardwell Irion

PHILIPSBURG--Finance Minister Ardwell Irion believes that former ministers should be made examples and held accountable for their actions executed w Read more

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~ Government yet to deliberate the Henderson International verdict. ~

PHILIPSBURG: --- The Council of Ministers is yet to deliberate the verdict delivered on Tuesday against the local and Kingdom Government with the contract that was taken away from Henderson International in late 2017 and granted to Smith & Orloff Associates by former Prime Minister Leona Romeo Marlin cabinet.
Prime Minister Silveria Jacobs said that while the Council of Ministers was notified of the verdict the COM did not get a chance to deliberate and make a decision on its way forward.
SMN News asked the Prime Minister and Minister of Finance if the Jacobs 2 cabinet will consider holding the Ministers personally liable for the decisions they took that have since impacted government coffers Read more

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Minister Of Finance Receives First 2021 Fiscal Law Publication From Grant Thornton

Philipsburg, Sint Maarten Grant Thornton St. Maarten presented its latest publication of the Fiscal Law book 2021
“FiscaleWetgeving2021” to the Minister of Finance of St. Maarten, Mr.Ardwell Irion.The publication was handed over by Paul van Vliet, Tax Partner and HerbertBeldman,Partner Assurance & AdvisoryGrant Thornton Read more

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PHILIPSBURG:--- Grant Thornton St. Maarten presented its latest publication of the Fiscal Lawbook 2021
"Fiscale Wetgeving 2021" to the Minister of Finance of St. Maarten, Mr. Ardwell Irion. The publication was handed over by Paul van Vliet, Tax Partner, and Herbert Beldman, Partner Assurance & Advisory Grant Thornton. The firm has been publishing an overview of current and relevant tax laws of Aruba, the BES islands, Curaao and St Read more

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Szv Urges Compliance Businesses Have To Pay Premiums Or Make Contact

PHILIPSBURG, Sint Maarten Social and health Insurance provider SZV has seen a drop of some NAf 4 million per month in premiums since the start of the Covid-19 pandemic in March 2020. This constitutes a significant loss for the solidarity fund that is built on a pay-as-you-go system that pays for the health care costs of all insured clients.

In spite of the drop in premiums, SZV is so far keeping pace with the needs of its clients. The decline in overseas medical referrals due to the pandemic has also helped as well as the availability of more treatments and specialists locally.

SZV has also seen the deregistration of some 4,000 jobs since the start of the pandemic in March 2020 to December 2020 Read more

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Szv Urges Compliance Businesses Have To Pay Premiums Or Make Contact

PHILIPSBURG, SintMaarten Social and health Insurance provider SZV has seen a drop of someNAf4 million per month in premiums since the start of the Covid-19 pandemic in March 2020. This constitutes a significant loss for the solidarity fund that is built on a pay-as-you-go system that pays for the health care costs of all insured clients.

In spite of the drop in premiums, SZV is so far keeping pace with the needs of its clients. The decline in overseas medical referrals due to the pandemic has also helped as well as the availability of more treatments and specialists locally.

SZV has also seen the deregistration of some 4,000 jobs since the start of the pandemic in March 2020 to December 2020 Read more

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~Michel Hyman appointed temporary Chairman of Management Board.~

AIRPORT:--- The Holding Company of the Princess Juliana International Airport (PJIAE) has officially dismissed its Chief Executive Officer (CEO) Brian Mingo.
In December 2020 the Holding Company dispatched a letter to Mingo asking him to resign from the position as they have lost confidence in him.
The letter sent to Mingo was published on this news website. Mingo was given until January 4th, 2021 to willingly resign however the companys CEO who was in discussion with the Holding Company pulled back his payout proposal and said he would not be resigning, leaving the Holding Company no choice but to start the dismissal process.
On Wednesday, April 7th, 2021 shareholders meeting was held where Mingo was presented with his official letter of termination, reliable sources have informed SMN News Read more

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Emmanuel Questions What Pm Meant With Enough Liquidity

~ Still waiting on Finance Minister ~

PHILIPSBURG, Sint Maarten — A statement on St. Maartens liquidity position by Prime Minister Silveria Jacobs and a non-statement by Minister of Finance Ardwell Irion on the same subject, is resulting in more confusion from the NA/UP government, said Independent Member of Parliament Christophe Emmanuel on Tuesday, adding that the game of making general and empty statements by government continues to do a disservice to the country.

MP Emmanuel pointed out that on Monday, as quoted in The Daily Herald, the Prime Minister boastfully said that the country is not flat on its back when it comes to finances and that we do have for sure enough liquidity for us to continue to have this discussion Read more

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~ Still waiting on Finance Minister ~

PHILIPSBURG:--- A statement on St. Maartens liquidity position by Prime Minister Silveria Jacobs and a non-statement by Minister of Finance Ardwell Irion on the same subject, is resulting in more confusion from the NA/UP government, said Independent Member of Parliament Christophe Emmanuel on Tuesday, adding that the game of making general and empty statements by government continues to do a disservice to the country.

MP Emmanuel pointed out that on Monday, as quoted in The Daily Herald, the Prime Minister boastfully said that the country is not flat on its back when it comes to finances and that we do have for sure enough liquidity for us to continue to have this discussion Read more

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Parliament Establishes 2016 Annual Accounts

Finance Minister Ardwell Irion during Mondays meeting.

PHILIPSBURG--Parliament on Monday unanimously approved the establishment of the draft national ordinance establishing the annual accounts for St. Maarten for the financial year 2016.

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Exclusive: Divide And Conquer, The Modus Operandi Of The Dutch Government.

~ New coalition soon to be formed, Sources ~

PHILIPSBURG: --- The Dutch Government has once again managed to blackmail the Government and people of St. Maarten when they decided on Friday to freeze the financial support that was promised to the country during the coronavirus pandemic. Basically, with this move, the Dutch Government through the Kingdom Council of Ministers managed to split the governing coalition in the parliament of St. Maarten since the United Peoples Party members are the ones behind the petition sent to the United Nations Read more

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Follow-Up Meeting To Be Held With MoodyS On Downgrade

Ardwell Irion

PHILIPSBURG--On Wednesday, Finance Minister Ardwell Irion said that a follow-up meeting will be held with Moodys Investors Service regarding the downgrade of the St Read more

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Dutch, French Talk Tax Cooperation, Possibility Of Tax Harmonisation

A scene during the meeting.

PHILIPSBURG--Dutch St. Maarten Minister of Finance Ardwell Irion and President of the Overseas Collectivit of French St. Martin Daniel Gibbs, together with their delegations, met on Friday, March 19, to discuss how the two sides of the island could achieve tax cooperation.

  With the support of the relative Departments of Foreign Affairs, both parties expressed the desire for research into areas of possible tax harmonisation, highlighted gaps in the systems, and presented possible solutions.

  During the meeting, there were discussions about a system whereby both governments can have access to certain data that would be beneficial to both parties and improve on leakage Read more

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~Possibility of tax harmonization between both sides.~

PHILIPSBURG:--- Minister of Finance, Ardwell Irion and President of the Overseas Collectivity of St. Martin, Daniel Gibbs, together with their delegation, met on Friday, March 19th to discuss how both sides of the island could achieve tax cooperation Read more

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Goal For Airbnb To Collect 5 Per Cent Tax

Finance Minister Ardwell Irion.

PHILIPSBURG--The intention of an agreement being hammered out with homestay vacation rental marketplace Airbnb, is that the latter will collect a 5 per cent tax from renters in St. Maarten and transfer this on a quarterly basis to the government of St. Maarten, Finance Minister Read more

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Online Payments Soon For Road Tax, Work Permits

Finance Minister Ardwell Irion

PHILIPSBURG--Persons will soon be able to pay for their employment permits, motor vehicle (road) tax and electrical inspections online and receive a receipt right away.

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Tax Inspector Working On Airbnb Agreement

Ardwell Irion

~ Tax Office severely understaffed ~

PHILIPSBURG--A dedicated tax inspector is currently working on an agreement with Airbnb. Finance Minister Ardwell Irion to Read more

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Cbcs Considering Legislation For Banks To Provide Basic Services

Finance Minister Ardwell Irion.

 ~ Irion concerned about response time to open accounts ~

PHILIPSBURG--The Central Bank for Curaao and St. Maarten (CBCS) is considering legislation to obligate commercial banks to provide basic bank services to natural persons, Finance Minister Read more

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Emmanuel Asks About More Cuts, How Internal Shifting Will Work

~ Says Irion trying to play word games ~

PHILIPSBURG, Sint Maarten — Civil servants possibly having to sustain more cuts to their salaries and benefits was one of the main areas of concern highlighted by Independent MP Christophe Emmanuel during the Central Committee meeting discussion on the country reform package on Monday. In total the MP Emmanuel asked 73 questions about various aspects in the country reform package

The MP also took issue with the Minister of Finance for trying to use word games to deviate and mis-lead about hiring more people just a few weeks after cutting benefits and being instructed by the CFT to remove the budget 2021 post seeking to fill 155 vacancies Read more

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~ Says Irion trying to play word games ~

PHILIPSBURG:--- Civil servants possibly having to sustain more cuts to their salaries and benefits was one of the main areas of concern highlighted by Independent MP Christophe Emmanuel during the Central Committee meeting discussion on the country reform package on Monday. In total the MP asked 73 questions about various aspects in the country reform package

The MP also took issue with the Minister of Finance for trying to use word games to deviate and mislead about hiring more people just a few weeks after cutting benefits and being instructed by the CFT to remove the budget 2021 post seeking to fill 155 vacancies Read more

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~PWR Agency hosts a new signature event on February 25 to equip islandpreneurs to dominate online.~

 PHILIPSBURG:--- Produce Wealth Revolution (PWR) Agency aims to inspire and equip entrepreneurs with the skills to build thriving businesses through creating dynamic events and programs. Last year, due to the pandemic, the PWR Agency hosted more than 25 online programs reaching over 7500 persons around the world, with an average of 30% viewing from St. Maarten. Two of the most notable successes of 2020 were Islandpreneur Live, which had 650 registrants from 35 countries, and iFOUNDED Joint Pitch Competition, which gave two grand prize winners, from Curaao and St Read more

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Naf. 18.5 Million Collected From Licence Fees In 2020

CBCS building in Philipsburg

PHILIPSBURG--St. Maarten received approximately NAf. 18.5 million from the foreign exchange licence fee in 2020, Finance Minister Ardwell Irion told Members of Parliament (MPs) on Thursday.

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El Mp Emmanuel Est Desconcertado Por El Intento De Irion De Contratar A 155 Trabajadores, Despus De Recortar Un 12,5%

PHILIPSBURG, Sint Maarten – El diputado independiente Christophe Emmanuel dijo el mircoles que el ministro de Finanzas, Ardwell Irion, abofete a los funcionarios pblicos en la otra mejilla cuando intent incluir un puesto presupuestario en el presupuesto del 2021 para contratar a unos 155 nuevos trabajadores gubernamentales a tiempo completo, dos semanas despus de encabezar la campaa para recortar el prestaciones e ingresos de los actuales servidores pblicos.

No entiendo qu est haciendo este gobierno y este ministro de Hacienda Read more

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