said commissioner of economic affairs Maria Buncamper Molanus at yesterday's press briefing. "St. Maarten's economy is heavily dependent on the developments and the level of impacts within the U.S. As such it is essential that the Island Government put mechanisms in place in order to cushion any shocks, the commissioner disclosed.
To this end the Sector Economy and Tourism, with the involvement of the commissioner's office, will be holding a stakeholder meeting with the Chamber of Commerce to further discuss how the Island Government will be handling the potential economic crisis as a direct consequence of the International Financial crisis and the U. S forecasted recession.
The meeting is schedule for Monday October 27th, 2008, 2:30pm at the A.C. Wathey Conference Room.
