Take over of the debt in AMvRB financial supervision
- September 18, 2008 7:42 AM
The Netherlands’ commitment to take over the Antillean debts is laid down in the Order in Council for the Kingdom (AMvRB) temporary financial supervision Netherlands Antilles, Curaçao, and St. Maarten, says Finance-minister Ersilia de Lannooy (PNP). The Netherlands has until now always opposed the Antilles’ fundamental desire to include the commitment in the AMvRB.
At that time, the Antilles had suggested to include the commitment in the elucidation of the AMvRB. But after remarks from the State Council as well as the Advisory Council, the Netherlands changed her mind. Yesterday during the weekly press conference of the Council of Ministers, De Lannooy was very pleased with the fact that the commitment will be included in the AMvRB. The minister thinks that the debt restructuring will start in November at the earliest, but they are also considering a start in January.
(Source: National Newspaper Amigoe)
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