Published On: Fri, May 22nd, 2015

Plasterk talks to CFT on situation government companies

plasterkWILLEMSTAD, THE HAGUE – The Dutch Minister of Kingdom Relations, Ronald Plasterk will ask the Committee for Financial Supervision (CFT) to pay special attention to the government companies and the payment of dividends in assessing the financial situation of Curaçao and St. Maarten.

The minister made this commitment to the Lower House of the Dutch Parliament during a debate of the Standing Committee on Kingdom Relations.

VVD MP, André Bosman reiterated his lack of understanding of the fact that both the CFT has concerns about the government companies and the pension, but is positive about the budgets of the two countries and their applications for loans.

The Financial Supervision Act also requires that each budget is accompanied by a statement of the financial situation of a country, but without the information about the government companies that statement is not complete, he said.

Plasterk said that he interprets the provisions of the Act differently. Where demands for the budget are concrete and hard, the article about the presentation of the situation of a country is quite general and the CFT is reasonably free to decide whether the government companies are involved in the assessment.

He also stressed that Curaçao and St. Maarten are well aware that they cannot spend more than what is coming in. As a pledge he promised he would share the concerns of Bosman with the CFT.

“I will ask CFT if they can emphasize once again to the position of government companies and to report at the earliest possible opportunity.”

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