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...
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...
Court of Audit: Supervision of islands’ finances is insufficiently effective
WILLEMSTAD - The Court of Audit thinks that the financial supervision of the Caribbean parts of the Kingdom is seriously inadequate and urges the government to take measures to increase effectiveness. This is evident More...
Henk Kamp appointed as member of Boards of financial supervision
THE HAGUE, WILLEMSTAD - As of on July 1, 2018 former Minister Henk Kamp will sit on the Board of Financial Supervision (Cft) Curaçao and Sint Maarten and Cft Bonaire, Sint Eustatius and Saba. For the Board of More...
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...
