Budget support: ongoing negotiations between COM and MOM

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On the sidelines of the vote on the overseas budget, Minister Annick Girardin was interviewed by the overseas delegation to the National Assembly last Tuesday.

Regarding Saint-Martin, she was particularly challenged by the deputy on the famous 50 million euros that the State had committed to giving to the COM in 2018 during the protocol of November 2017 and of which only half was granted. The support agreement specified that the sums to be paid could go up to 50 million in 2018 to compensate for the loss of revenue due to the cyclone, but there was none according to the minister. “As there was a lot of work - it's normal we were rebuilding Saint-Martin - there was also a lot of revenue and therefore the budget of the COM was not in difficulty beyond the 25 million that were provided in addition ”, explained Annick Girardin to the deputy. Negotiations between the minister and the president of the COM are however underway to draft an amendment to the accompanying agreement, she confided. (soualigapost.com)

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