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“While we have always had a good understanding with Government regarding the repayment of the debt, we are now one step closer to a structural resolve. This agreement is good for the country, for the people of Sint Maarten and their social & health insurances.” – Glen A. Carty, Director SZV
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“The Government of Sint Maarten intends to pay off its debts to SZV, within reasonable means. We have been working on this for months and it was a complicated exercise. One of the major contributors to the debt has been our liquidity issue due to the annual deficits in our budget. The 2017 hurricanes are also contributors to the debt. The Government of Sint Maarten is close to complying with the Kingdom instruction of 2015, to settle the outstanding arrears. This letter of intent allows us to move forward based on realistic agreements that Government can meet.” - Minister Perry Geerlings
https://www.soualiganewsday.com/index.php?option=com-k2&view=item&id=27067:government-debt-of-naf-91-million-to-szv-resolution-one-step-closer&Itemid=450
