Central Committee of Parliament to meet on CKC & Dollarization on February 7th

PHILIPSBURG, Sint Maarten – President of Parliament Drs. Gracita Arrindell would like to announce that the Central Committee of Parliament will be meeting in public session on Monday, February 07 starting at 3.00pm in the Dr. Claude Wathey Legislative Hall. 

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The meeting has been requested by the coalition, the United Peoples party (UP), Democratic Party (DP) and Independent Member of Parliament Patrick Illidge with respect to current developments related to the Christian Kingdom Cooperative (CKC).

Representatives of CKC will provide background information about the cooperative and also give an overview of the financial situation and the current status of the organization.

Representatives of the Central Bank of Curacao and Sint Maarten (CBCS) will also be present to provide information about its supervision function and developments related to the CKC.

The CBCS will also inform parliamentarians about the bank’s supervisory function regarding insurance companies and insurance agencies.

Parliamentarians will also hear the CBCS position regarding dollarization for Curacao and Sint Maarten.

The meeting is open to the public and will be carried live via Sint Maarten Cable TV Channel 20 from 3.00pm.

There are four parliamentary factions that have representation in the Parliament of Sint Maarten, namely United Peoples party (UP), Democratic Party (DP), Independent Member of Parliament Patrick Illidge and the National Alliance (NA).