All about Budget

By Edition On Thursday, October 18th, 2018

Cft: About time that Curaçao addresses sustainable public finance

Newly-made agreements government and Cft have to turn the situation around WILLEMSTAD - Considerable effort has been made to balance the 2018 budget, however the multi-year budgetary problem of Curaçao still is More...

By Edition On Wednesday, October 3rd, 2018

Half of budget health care goes to medicines, specialists, laboratories and international medical services

WILLEMSTAD - Half of the healthcare budget in Curaçao is allocated for medicines, specialists, laboratories and international medical services meaning when a patient goes abroad for healthcare. 20 cents of each More...

Alcala Walle
By Edition On Monday, October 1st, 2018

No extra money for cleaning schools

WILLEMSTAD - There are no extra funds for the cleaning of public schools. This can be deducted from the words of the Minister of Education Marilyn Alcala-Wallé. Teachers and parents complained recently that the More...

Ministry of Finance
By Edition On Monday, September 17th, 2018

CFT criticizes Curaçao for poor communication; Minister disagrees

WILLEMSTAD - The criticism from the Council for Financial Supervision (CFT) that the communication between Curacao and the CFT is bad was denied by the Minister of Finance Kenneth Gijsbertha. But Gijsbertha does More...

By Edition On Friday, September 14th, 2018

Minister of Finance addresses budget issues in a letter to the CFT

WILLEMSTAD - During the weekly press conference of the Council of Ministers, Kenneth Gijsbertha of Finance explained about his letter to the Committee of Financial Supervision (CFT). The Minister hopes that the More...

Ministry of Finance
By Edition On Friday, September 7th, 2018

Curaçao cannot get its public finances in order

WILLEMSTAD - The government of Curaçao has to cut 82 million guilders from its national budget but has not been able to do this. According to the Committee for Financial Supervision (CFT), the Minister of Finance More...

By Edition On Thursday, June 28th, 2018

CFT: Tax compliance of utmost importance to reduce the deficit

PHILIPSBURG - Cost-cutting measures, broadening the tax base and increased tax compliance are of the utmost importance to limit the country’s budgeted deficit, was the essence of the message of the Committee for More...

Cft - 1
By Edition On Thursday, June 21st, 2018

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. The financial More...

By Edition On Monday, June 4th, 2018

Aruba gets two years for balanced budget

THE HAGUE - The Aruba government has been granted a period of two years to get its finances in order. The Kingdom Council of Ministers took this decision on Friday. Aruba Prime Minister Evelyn Wever-Croes announced More...

Cft Bonaire Sint Eustatius Saba
By Edition On Thursday, May 31st, 2018

CFT: Public finances are lagging behind

WILLEMSTAD - The government of Curaçao has to take care to prevent a deficit in its budget this year too. This is according to the Financial Supervision Board. In the first quarter, the deficit is over 3½ million More...