Semi-annual report Boards of financial supervision 1st semester 2022
Cft: Political authorities in Philipsburg do not pay (pension) contributions
The debt position of the Country of Sint Maarten increased in the fourth quarter of 2020 by 61 million guilders to 1,232 million (over 1.2 billion). This brings the government debt ratio to 67 percent of the gross domestic product (GDP).
The debt of the Sint Maarten public sector is estimated at 936 million and the debt ratio of the public sector at 51 percent of GDP. The calculation of the debt ratios is based on a GDP of Sint Maarten – the total size of the economy – of 1,835 million (over 1.8 billion). The Implementation Report up to and including the fourth quarter shows a provisional budget deficit of 197 million. This deficit is lower tha