Government out of money by month’s end
PHILIPSBURG – The government will run out of money by the end of this month. This appears from a letter Cft-chairman Raymond Gradus sent to Finance Minister Richard Gibson about the proposal to amend the 2017 More...
Cft report on Bonaire
Kralendijk – During its visit to Bonaire on October 3rd the Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) emphasized the need for an adequate budget execution (such as key role functions) More...
Cft: “Curacao Budget 2017 developing inadequately”
Willemstad – During its visit to Curaçao, the Board of financial supervision Curaçao and Sint Maarten (Cft) indicated that the implementation of the 2017 budget was under great pressure. Revenue enhancing More...
New deadline for pension and healthcare reform
GREAT BAY – Financial supervisor Cft is cautiously optimistic about the way things are going with the country’s finances, it appeared from a press conference the Cft hosted yesterday afternoon at the Convent More...
Dutch remain critical of 26 million loan extension
Stef Blok: “We won’t let this pass silently.” Photo Caribisch Netwerk THE HAGUE – The Netherlands has offered St. Maarten redemption on an existing loan, even though the country’s finances are not in order. More...
Cft asks again for financial reports government entities
Cft-chairman prof. dr. Age Bakker. Photo contributed GREAT BAY – Financial supervisor Cft has received annual financial reports for 2015 from just three out of 41 government entities that are obliged to produce More...
Minister Gibson: mixed feelings about new loan agreement
GREAT BAY – Finance Minister Richard Gibson disagrees with the opinion of financial supervisor Cft that the 2016 budget no longer meets the requirements of the kingdom law financial supervision. The Cft informed More...
Healthcare reform condition for obtaining hospital loan
GREAT BAY – Financial supervisor Cft is following the developments surrounding the plans for the construction of a new hospital closely “considering potential risks for the national budget.” this appears from More...