PHILIPSBURG — St. Maarten is in a financial bind because it is unable to repay loans the Netherlands granted back…
Browsing: College Financieel Toezicht (Cft)
PHILIPSBURG — The government expects a budget surplus of 4 million guilders ($2.2 million) in 2024, 9 million ($5 million)…
PHILIPSBURG — That the country’s financial management leaves a lot to be desired is no secret. Cft-chairman Raymond Gradus underlines…
PHILIPSBURG — The financial situation of St. Maarten’s social security funds is untenable, financial supervisor Cft writes in a reaction…
PHILIPSBURG — St. Maarten has to speed up the implementation of revenue-increasing and cost-cutting measures if it wants to return…
PHILIPSBURG – Unless Finance Minister Ardwell Irion makes a U-turn, there will be a 75 million guilders bond issue for…
PHILIPSBURG — In light of today’s meeting of the Kingdom Council of Ministers in The Hague, MP Claudius ‘Toontje’ Buncamper…
PHILIPSBURG — Financial supervisor Cft has expressed serious criticism about St. Maarten’s approved 2020 budget in a letter to Finance…
DID THE CFT SET THE KINGDOM ON FIRE?[1] By Emsley D. Tromp April 10, 2020 On April 7th last, when…
PHILIPSBURG – The revenue St. Maarten generates could be much higher “if the increase in tax compliance as a result…