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...
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...
Supervision
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...
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...
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 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...
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...
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 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...
Cft urges Minister Ferrier to hire technical assistance
PHILIPSBURG – Financial supervisor Cft urges Minister Mike Ferrier (Finance) to hire technical assistance to increase the capacity at the finance department, including the tax inspectorate. “Possibly technical More...
