The reduction of gasoline excise tax for Saba and St. Eustatius (see related story) raises questions whether something similar is not possible in St. Maarten. One of the problems is that related revenues are needed also to maintain the budget deficit approved by the Kingdom Council of Ministers RMR.
Although no additional liquidity support from the Netherlands is needed until July, that probably will change during the second half of this year. What’s more, the Committee for Financial Supervision CFT in today’s newspaper again expressed concern about the “deteriorating financial position” of the country.
Nevertheless, the public could use a bit of additional information on what efforts are being made to address price hikes for not just fuel but practically all consumer products, including food. Talks with stakeholders were reported, but people want to know what it means for their grocery and utility bills.
Perhaps little can be done under the present circumstances, but anything that helps would be welcome. April is expected to be the month when the local cost of living goes up significantly, so there is no time to lose.
All those involved must do their best to offer the population some reassurance and take whatever responsibly possible steps that spell relief in what is becoming yet another crisis.
