Tuesday’s front page news that France had pledged an additional 190.6 million euros in post-Hurricane Irma financial aid for the French side led to some remarks that this is nothing compared with 550 million euros in rebuilding assistance to the Dutch side made available by the Netherlands. However, people should keep in mind that 63 million euros were distributed before as emergency relief in St. Martin and St. Barths, along with 140 million to support local businesses there.
While the final total amounts don’t differ that much, it nevertheless appears the Northern half of the island has a better idea of exactly what the funding entails and how it will be spent. The latter’s significance should not be overlooked, because with most major resorts still closed and socioeconomic conditions fast worsening, speed is of the essence.
Of course, the Government in Philipsburg is having to deal with the World Bank, which can be considered a disadvantage in terms of quick decision-making. On the other hand, such a process is likely to promote solid and sustainable projects that have a good chance of succeeding by achieving goals set.
It should also be mentioned that, as is the case on the other side of the border, a lot of help already has been and continues to be received. Examples of this may be seen in the newspaper on practically a daily basis.
Looking at some of the plans in St. Martin, one imagines similar initiatives for the Southern part of the island. Perhaps their examples can serve as inspiration to come up with feasible proposals for investments that not only enhance the quality of life but improve the tourism product and stimulate a rapid recovery of the all-important hospitality industry.
