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The Ministry of Finance sends reminder letter to Holland. | SMN News

May 25, 2020

The Ministry of Finance sends reminder letter to Holland. | SMN News
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~Holland hasn’t subscribed to the bond sent in 2019~

PHILIPSBURG – The Country of Sint Maarten has made preparations in the past year to finance part of its capital expenditure by issuing a public bond for an amount of NAƒ 40 million. The Kingdom Act Financial Supervision Curacao and Sint Maarten (Kingdom Act) regulates the supervision of the public finances of Country Sint Maarten and Country Curacao. As usual, prior advice was obtained from the Board of Financial Support (Cft). In its letter dated 2 September 2019, the Cft advised positively on this bond to cover capital expenditure.<br


To read more: http://www.smn-news.com/st-maarten-st-martin-news/34794-the-ministry-of-finance-sends-reminder-letter-to-holland.html

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Source: https://www.sxm-talks.com/st-martin-news-network/the-ministry-of-finance-sends-reminder-letter-to-holland-smn-news/

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