On Monday, August 11th, the Temporary Working Organization (TWO) held a constructive session with key financial representatives from Sint Maarten’s ministries to further align subsidy management practices under the Country Package.
Image: TWO
TWO Sint Maarten with financial representatives from Sint Maarten's ministeries
Attending the meeting were the Secretary-General of the Ministry of Finance, Ms. Roxanne Howell, and the Concern Controller, Mr. Hiro Shigemoto, together with financial controllers from the Ministries of Public Health, Social Development & Labor (VSA), Public Housing, Spatial Planning, Environment & Infrastructure (VROMI), Justice, and General Affairs.
The session provided participants with guidance on effectively requesting and managing Country Package subsidies in line with the conditions of the Country Package Mutual Agreement. TWO highlighted the importance of following established processes and maintaining transparent financial practices to ensure that funds are used efficiently and in accordance with the agreed objectives. This includes keeping accurate project records, ensuring timely reporting, and reflecting project funding in the Sint Maarten National Budget.
Attention was also given to the importance of adhering to approved plans and budgets to minimize the risk of adjustments to subsidy amounts, as well as the need to inform TWO promptly in case of project delays or challenges that could impact subsidy timelines.
In addition, the subsidy settlement process was outlined, with guidance on preparing the settlement document that provides an overview of project deliverables, expenditures, and any remaining funds. Unused funds must be returned to TWO once the project has been completed.
“This was a very constructive session,” said TWO Sint Maarten Program Manager, Mauriel van As. “By aligning financial management practi
TWO remains committed to close collaboration with the Government of Sint Maarten to support the successful delivery of Country Package initiatives, ensuring they achieve their objectives, are implemented on time, and follow both Dutch and Sint Maarten financial regulations.