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...
Boards of financial supervision visit the Netherlands
THE HAGUE - From March 26th to 28th the Boards of financial supervision visited the Netherlands. There they spoke with State Secretary of Internal Affairs and Kingdom Relations, the Minister of Finance, members More...
Cft confirms concerns Dutch Parliament on finance Caribbean countries
THE HAGUE - The Dutch Parliamentary Committee for Kingdom Relations has been updated today by the Financial Supervision Council (Cft) on the state of public finances of the Caribbean parts of the Kingdom. The conversation More...
Dutch MPs to receive information from Cft
THE HAGUE - The Dutch Parliamentary Committee for Kingdom Relations will receive information from the Financial Supervision Council (Cft) next week. This happens annually, but given the current situation this time More...
St. Maarten financial documents overdue
THE HAGUE - The Committee for Financial Supervision CFT has sent an urgent reminder to the St. Maarten Government concerning a number of important financial documents that CFT still awaits. It concerns the 2018 More...
Raymond Gradus (Cft): “Additional measures to get the economy going and decrease expected deficit 2018 needed”
PHILIPSBURG - From the 5th of February until the 9th, the Board of financial supervision Curaçao and Sint Maarten (Cft) visited the windward islands, amongst which Sint Maarten. The main topics of discussion on More...
Cft chairman Raymond Gradus on Bonaire: “Tangible steps are necessary to improve financial management and governmental stability”
KRALENDIJK - During its visit to Bonaire on January 30th, the Board of financial supervision Bonaire, Sint Eustatius en Saba (Cft) requested the Executive Council and the Island Council to take the necessary steps More...
CAft chairman Raymond Gradus: ”The financial situation of Aruba is of concern; compliance with the LAft norm 2018 getting out of sight”
ORANJESTAD - The year 2017 is expected to be closed with a financial deficit of 3.1% GDP. According to the National Ordinance on temporary financial supervision (LAft) a financial deficit of 0.5% is allowed. In More...
Government wants to maintain free education only for low income families
WILLEMSTAD - The free education will be eliminated. That will, if it is up to the cabinet-Rhuggenaath, take place starting next school year. Only parents with low incomes who really need support are still eligible More...
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...
