Netherlands Antilles To Get 53 Million Dutch Guilder Cash Injection
In keeping with recommendations made by the
IMF, the Antillean House in The Hague has announced that as a result of
the discussions between Prime Minister Miguel Pourier and State Secretary
Gijs de Vries on December 6, it has decided to provide the Netherlands
Antilles with extra support in the form of 53 million Dutch guilders. According to the Daily Herald online news
service, the cash will be provided as an addition to the usual aid given
to the Antillean government to compensate for the drop in revenues on
the federal budget due to the events of September 11, covering the period
of November 2001 to April 2002. The Netherlands Antilles central government
will no doubt welcome the extra cash with open arms. As an example, earlier
in December it endeavoured to help the Antillean Island of St Maarten
when it agreed to pay NAf 2 million in outstanding turnover tax to the
Island government. However, St Maarten's plight is so severe that Finance
Commissioner Sarah Wescott-Williams told reporters that it has only 'helped
a little' considering the Island's worsening financial status; but the
cash-strapped central government could do no more. .
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