Government and institution measures in response to COVID-19.
Government and institution measures in response to COVID-19.
Return to homepage | Last updated: 29 April, 2020
The request for support totals ANG 258.3M for the first three (3) months.
With the closure of its borders, the economic activity in Sint Maarten has drastically declined and is further projected to have continued adverse effects on the major economic pillar, tourism. The CBCS forecasts economic contraction of approximately 30 per cent of our GDP if borders remain closed for six (6) months.
The Government of St. Maarten has put together a Relief and Economic Stimulus Plan, in which the request for support totals ANG. 258.3 Million for the first 3 months.
Click here to see a comprehensive summary of jurisdictional tax measures and government reliefs in response to COVID-19.