CBCS Critical of Pace of Trust Fund Aid. | SMN News

PHILIPSBURG:— The Centrale Bank van Curaçao en Sint Maarten (CBCS) is concerned about the trickling pace of promised aid from the Sint Maarten Recovery, Reconstruction and Resilience Trust Fund and the potentially irreparable damage to the country’s competitiveness as a result. “While all other sources of help contributed decisively to the resilience and recovery of the economy of Sint Maarten, the aid from the trust fund has been limited from the beginning. In fact, only 34.8 million out of the pledged 550 million dollars has been disbursed over a period of 2.5 years since hurricane Irma has passed over

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