PHILIPSBURG:— During the course of this week Minister of Finance, the honorable Ardwell Irion met with member of the supervisory board of the Central Bank of Curacao and St. Maarten (CBCS) Dennis Richardson, and with the board of the CBCS. During these meetings, an update was provided on the latest developments with the emphasis on the solvency of the Giro Bank and actions taken by the CBCS, and the proposal of the increase of the license fee for Curacao in connection herewith.
It must be emphatically stated that St. Maarten is not considering to increase its license fees. This
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