Cft chairman Raymond Gradus: “Bonaire is not adequately implementing legislation, threat of escalation ensues”
KRALENDIJK - The Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) has called on both the Executive Council and the Island Council to demonstrate more decisiveness. The Cft has been stating for More...
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...
CFT: ‘Curaçao has too much red tape’
WILLEMSTAD - The absence of economic growth after 10-10-'10 is mainly due to the extensive 'red tape', labor legislation and the relative 'high cost of doing business'. Curaçao is therefore not attractive to investors. More...
Russell Voges appointed in Board of financial supervision Curaçao and Sint Maarten (Cft)
PHILIPSBURG, THE HAGUE - On September 28th, 2018 the Council of Ministers for the Kingdom agreed on the intention to propose Mr. Russell Voges to the King as a member of the Board of financial supervision Curaçao More...
Gijsbertha guarantees dividend payment UTS to the government of Curaçao
WILLEMSTAD - No special provision needs to be made for the dividend payment of the telecommunication company UTS. The government writes this in its letter to the Council for Financial Supervision (CFT). The institution More...
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...
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...
CFT: public finances become unsustainable
WILLEMSTAD - The Curaçao economy is in serious decline. The government took into account a growth scenario of 0.3 percent, but that was adjusted by the Central Bank (CBCS) to a contraction of 1.6 percent yesterday. The More...
Mrs. Hellen van der Wal appointed as member of the Board of financial supervision Aruba
ORANJESTAD - The current secretary of the Advisory Council of Aruba, Ms. Hellen van der Wal will become a member of the Board of financial supervision Aruba (CAft) as per August 1st, 2018. She has been nominated More...
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...
