February 8, 2018
PHILIPSBURG – The €550 million reconstruction fund the Netherlands has made available to St. Maarten will be deposited as a grant into a trust fund at the World Bank. How the money will be spent and made available – in the form of grants or soft loans – is part of a process in which St. Maarten and the World Bank identify priorities for the reconstruction.
http://stmaartennews.com/government/recovery-money-goes-grant-world-bank-trust-fund/
Source: https://www.sxm-talks.com/st-maarten-news/recovery-money-goes-as-grant-into-world-bank-trust-fund/
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Read more: France approves Border agreement, PM Mercelina says Dutch ratification next | The Daily Herald
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