Published On: Fri, Jan 11th, 2013

Road Fund will not be liquidated

WILLEMSTAD – According to the new minister of Traffic, Transport and Regional Planning (VVRP), Earl Balborda (PNP), the Institute Road Fund Curaçao (SWC) will not be liquidated. Balborda announced this during the discussion of the draft budget 2013 in the Central Committee of the Parliament earlier this week. There was much ado lately on the financing of the SWC. As of this budgetary year the government intends to use the revenues from the road tax for the general means of the country Curaçao instead of depositing such in the SWC. This will mean a cut down of approx. 34 million guilders per year for the SWC. The government wants to defray the approach of the local infrastructure by appealing to the capital market. The government’s intention was partly prompted by the conclusions in the report from government accountant Soab, which severely criticizes the supervision on the SWC. The institute has meanwhile sent a protest letter to Balborda against the government’s policy change regarding the road fund.

During the budgetary discussion in the Central Committee of the Parliament several questions were asked about the plans regarding SWC and its future. Balborda guaranteed his audience that the fund will not be liquidated. According to the minister, the government only decided on alternative financing of the institute; it is not the intention to close down the institute. He further announced the institute is to function more efficiently. A restructuring has therefore been put on the agenda. According to the minister, the institute will in any case remain responsible for the maintenance of infrastructure on the island. PS-member Melvin ‘Mac’ Cijntje requested attention for future developments at SWC. Although he didn’t give his opinion on the road tax cut down with the institute, he indicated this was a good opportunity to discuss the future of the infrastructure on the island. He pointed out that maintenance of the infrastructure involves more than blacktopping; it must also include creating safe roads for all users – not only motorists.

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