Tag archive for ‘CFT’
New Government Administration Building, update
By The Publisher On Sunday, November 3rd, 2019

Cft budget advice: civil servants and politicians have to pony up

PHILIPSBURG – St. Maarten has to take more measures to create a budget surplus, the Board financial supervision (Cft) writes in its advice about the 2020 budget to Finance Minister Perry Geerlings. The financial More...

StMaartenNews Opinion
By The Publisher On Friday, July 26th, 2019

A thoughtful expose

By Hilbert Haar Running a country is not a profitable business. If the Netherlands, or St. Maarten or Curacao for that matter, had been private sector businesses they would have had to close their doors a long time More...

Knops and Marlin-Romeo - 20180208 - HH
By The Publisher On Saturday, April 6th, 2019

Kingdom imposes conditions for liquidity support

THE HAGUE — St. Maarten will only get liquidity support from the Netherlands in 2019 if it complies with several conditions the Kingdom Council of Ministers has put in place. “These conditions see – More...

StMaartenNews Opinion
By The Publisher On Thursday, January 17th, 2019


By Hilbert Haar There is no doubt that financial supervision is useful. St. Maarten agreed to this supervision when it obtained country status in 2010. The question is now: did financial supervision improve our More...

Pictures by © Berber van Beek    https://www.facebook.com/studiorootzphotography/ or www.studiorootz.com
By The Publisher On Thursday, January 17th, 2019

Financial supervision remains in place for another three years

PHILIPSBURG – St. Maarten and Curacao will remain under financial supervision until at least 2021. The committee that evaluated the countries’ level of compliance with the Kingdom law financial supervision More...

MinTEATT Stuart Johnson
By Desk Editor On Tuesday, June 26th, 2018

Minister Johnson says thank you to Dekker and Plantz

POND ISLAND — Sint Maarten — The Board of Financial Supervision of Curacao and Sint Maarten (Cft) will see two of its members namely, Sybilla Dekker and Maria Plantz leaving the aforementioned board. Dekker More...

cft member
By Desk Editor On Thursday, June 21st, 2018

Cft chairman Raymond Gradus: “Discipline with financial management Bonaire is troublesome”

Kralendijk — During its visit to Bonaire on June 19th, the Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) expressed its concerns to the Executive Council and the Island Council. The More...

Foto Cft - 1
By Desk Editor On Wednesday, June 20th, 2018

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...

Cft visit Curacao 4 Oct 2017
By The Publisher On Tuesday, June 12th, 2018

Government faces 20 million guilders setback

PHILIPSBURG – The final settlement of the OZR – the government healthcare costs regulation – will confront the government in all likelihood with 20 million guilders in additional expenditures. This appears More...

Henk Kamp
By The Publisher On Wednesday, May 9th, 2018

Henk Kamp succeeds Dekker in Cft

PHILIPSBURG – Sybilla Dekker steps down as member of the Board financial supervision (Cft) for Curacao and St. Maarten and the Cft BES. Henk Kamp will succeed her in the Cft for Curacao and St. Maarten. On april More...