All about Budget

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...

Cft Bonaire Sint Eustatius Saba
By Edition On Tuesday, April 3rd, 2018

Has the Board of Financial Supervision been asleep or is it a toothless tiger?

THE HAGUE - The public finances of Curaçao, Aruba, St. Maarten and St. Eustatius are worse than in 2010 despite financial supervision. Bonaire has a balanced budget, but there are doubts about the quality of financial More...

Cft - 20180131
By Edition On Thursday, February 1st, 2018

Cft Chairman Raymond Gradus on Curaçao: “Minister met most requests Cft, majority of objections rectified”

WILLEMSTAD - During its visit to Curaçao the Board of financial supervision Curaçao and Sint Maarten (Cft) once again emphasized that sustainable measures are necessary in order to achieve a balanced budget once More...

By Edition On Wednesday, December 27th, 2017

National budget approved by parliament without debate

WILLEMSTAD - After just two days of hearing the nine ministers of the government, the national budget for the year 2018 was adopted with 12 votes in favor and no votes against. The entire opposition was not present More...

By Edition On Wednesday, November 1st, 2017

Minister of Justice tackles overtime police

WILLEMSTAD - The Minister of Justice, Quincy Girigorie indicated recently that his ministry will save more than two million guilders in the police force by tackling the overtime problem. In total, his ministry has More...

By Edition On Tuesday, October 31st, 2017

CTB to seek external financing for its master plan

WILLEMSTAD - There is no money to execute the tourism master plan. This became clear during the weekend when the Members of Parliament were debating the budget for the coming year. The government presented the budget More...

Curacao Government Center
By Edition On Wednesday, October 25th, 2017

Trade unions demand higher Christmas bonus

WILLEMSTAD - The unions want a net Christmas bonus of 500 guilders. Now it is 135 guilders gross. The unions believe find that the civil servants have already sacrificed enough, the 135 guilds was supposed to be More...