Almost half a billion guilders for the Caribbean Reform Entity COHO Sint Maarten, Aruba, Curacao

Almost half a billion guilders for the Caribbean Reform Entity COHO Sint Maarten, Aruba, Curacao

Almost half a billion guilders for the Caribbean Reform Entity COHO Until 2026, the Netherlands will invest 457 million euros through the Caribbean reform entity COHO in Curaçao, Aruba and Sint Maarten. This is stated in an overview of the Ministry of Finance that was sent to the Lower House today. This year it will be 73 million euros, next year it will be 90 million euros. After that, EUR 294 million has been reserved up to 2026. This concerns the financing of the structural parts of the investment package for the three islands, Curaçao, Aruba and Sint Maarten. The money is intended for strengthening the rule of law, supporting the business community and improving educational accommodation. Food aid The amounts for liquidity support and aid are budgeted separately. The second phase of food aid to Curaçao, Aruba and Sint Maarten will run until the end of this month. To extend the food aid in Aruba, Curaçao and St. Maarten for the period February to April 2021, 32 million guilders (14.9 million euros) is required. The transition from the program to the local authorities will start on 1 April. Each island has a different timetable. At the beginning of March, there will be more clarity about the transition, the course of the pandemic and the associated need for food aid.

Bijna half miljard gulden voor Caribische Hervormingsentiteit COHO

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