Minister Geerlings signs debt repayment LOI with SZV. | SMN News

PHILIPSBURG:— On August 23 Minister of Finance Hon. Perry Geerlings and Chief Executive Officer (CEO) of the Social & Health Insurances (SZV) Glen Carty signed a Letter of Intent (LOI) concerning the repayment of the Government debt owed to SZV.

Minister Geerlings stated that this is a very important step in meeting the Kingdom Government 2015 instruction of clearing debts to the SZV which would enhance the funds long-term sustainability.

The current debt is approximately Naf.93 million, but the Ministry of Finance and the SZV along with the Governments Accountants Bureau SOAB are

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