Loading...
Loading...
Loading...

Minister of Finance: APS Pension Fund receives Naf.20 Million Debt Payment. | SMN News

September 26, 2019

Minister of Finance: APS Pension Fund receives Naf.20 Million Debt Payment. | SMN News
Loading...
Loading...

PHILIPSBURG:--- Minister of Finance Hon. Perry Geerlings said that the Government has paid Naf.20 million to the General Pension Fund of Sint Maarten (APS) as part of its debt settlement.

The payment was made in June. The payment was possible after receiving liquidity support of almost Naf. 33 million in May from the Sint Maarten Trust Fund, which is managed by the World Bank and financed by the Netherlands Government.

Naf. 10 million of the liquidity support has been used to finance this payment. The other Naf. 10 million has been financed from


To read more: http://www.smn-news.com/st-maarten-st-martin-news/32883-minister-of-finance-aps-pension-fund-receives-naf-20-million-debt-payment.html

Source: https://www.sxm-talks.com/st-martin-news-network/minister-of-finance-aps-pension-fund-receives-naf-20-million-debt-payment-smn-news/

Loading...

Headlines

Gumbs: Putting limits on use of govt vehicles can reduce costs | The Daily Herald

September 08, 2026

Gumbs: Putting limits on use of govt vehicles can reduce costs | The Daily Herald

PHILIPSBURG--Finance Minister Marinka Gumbs says putting limits on the use of government vehicles is an area where government can reduce costs with potential savings in vehicle maintenance, purchases and fuel.  Gumbs made the remarks during a press conference at Parliamen...

September 08, 2026

Four in 10 dutch 15-year-olds lack basic reading skills as literacy decline deepens | The Peoples Tribune

THE HAGUE--Nearly four in every 10 Dutch 15-year-olds do not have the minimum reading proficiency considered necessary to fully participate in society, according to the latest international PISA results, deepening concerns over declining literacy levels in the Netherlands. Mor...

September 08, 2026

Draft 2027 budget projects Cg 670.3 million in revenue, Cg 662.2 million in expenses | The Peoples Tribune

GREAT BAY--The Government of St. Maarten is projecting Cg 670.3 million in revenue against Cg 662.2 million in current expenditures in its Draft 2027 National Budget, leaving a positive difference of approximately Cg 8.1 million. The proposed budget also includes Cg 221.2...

Loading...
Loading...
Loading...