Economic Doom, Mass Closures and Layoffs on the Horizon for Sint Maarten, IMA. | SMN News

PHILIPSBURG:– In reference to the proposed draft Stimulus Plan, which was made public, The Indian Merchants Association (IMA), SMTA, SHTA and SMMTA expresses its shock at the callous disregard of Sint Maarten Employees and businesses in general and the economy in particular during these unprecedented testing times of crisis in the form of a Global Pandemic.

While the focus of the policy makers has been mainly on people who can face unemployment or self-employed persons, it fails to address the real issues and hardships of small and medium businesses who are the Backbone of St. Maarten’s economy.

These small and medium

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