254 Million stimulus and relief aid. | SMN News

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

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