PHILIPSBURG:--- Economies across the world have been negatively impacted by the COVID-19 pandemic and St. Maarten is no exception. The necessary measures of closing the borders in order to control the spread of the virus have resulted in a practical halt of all economic activities on the island. The foremost affected are all economic activities that are directly related to tourism; the so-called frontline or first tier. Depending on the source and what is considered “directly related, indirect and induced”, tourism accounts for 50 - 80 % of the GDP of St. Maarten. This further cements the need for
To read more: http://www.smn-news.com/st-maarten-st-martin-news/34436-254-million-stimulus-and-relief-aid.html"
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254 Million stimulus and relief aid. | SMN News
April 6, 2020
Source: https://www.sxm-talks.com/st-martin-news-network/254-million-stimulus-and-relief-aid-smn-news/
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