Financial supervisor severely criticizes draft budget amendment
By Hilbert Haar PHILIPSBURG – The board financial supervision (Cft) has expressed severe criticism about the draft amendment to St. Maarten’s 2018 budget. In a ten-page letter to Finance Minister Perry Geerlings More...
Cft chairman Raymond Gradus: “Budget control and related risks is insufficient; without additional measures a new deficit for 2018 is unavoidable”
Willemstad — During its visit to Curaçao, the Board of financial supervision of Curaçao and Sint Maarten (Cft) indicated that more insight and better management are needed in the execution of the budget. More...
Parliament approves 2018 budget
PHILIPSBURG – Parliament approved the 2018 budget on Tuesday evening shortly after 8 p.m. with 8 votes in favor and 5 votes against. Thus the government met the kingdom’s demand for an approved budget no later More...
Budget 2018: A patchwork of little known facts
PHILIPSBURG – The second day of the 2018 budget debate went through the motions on Tuesday morning and continued into the afternoon until the meeting was adjourned until 6.30 p.m. to give ministers the time to More...
Government turns to EU for additional funding
PHILIPSBURG – The Central Committee of Parliament continued on Thursday with the handling of the 2018 budget in a setting that began in the morning, continued into the afternoon and, after an adjournment trundled More...
Kingdom puts pressure on deadline for 2018 budget
PHILIPSBURG – The Central Committee meeting about the 2018 budget continues on Thursday morning at 10 a.m. under pressure of a deadline set by State Secretary Raymond Knops who demanded on Wednesday morning an More...
No new initiatives in draft budget
PHILIPSBURG – The accumulated deficits on the national budget increase to a total of 486.2 million guilders in 2020. The government projects that 2021 will be the first year when the budget shows a slim surplus More...