No 5th tranche for St. Maarten unless tangible improvement of Corporate Governance at PJIAE. | SMN NEWS

~ Meetings on Dispute regulations hold off on handling~

PHILIPSBURG: — The Kingdom Council of Ministers has given their support to State Secretary Raymond Knops to continue withholding the 5th tranche of liquidity support from St. Maarten until there is tangible improvement with Corporate Governance at the Princess Juliana International Airport (PJIAE). St. Maarten was given until May 26th, 2021 to regulate the issues at PJIAE however, the deadline has not been met according to the requirements the Dutch demanded.
The scheduled meetings to debate the Dispute Regulations have also been placed on hold with the First Chamber supporting the ...

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