All about Committee for Financial Supervision

gijsbertha
By Edition On Friday, September 14th, 2018
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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 - 1
By Edition On Friday, August 31st, 2018
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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...

Wall
By Edition On Tuesday, July 10th, 2018
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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...

cft2
By Edition On Thursday, June 28th, 2018
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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...

Dutch Parliament
By Edition On Tuesday, June 26th, 2018
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Dutch Parliament pushes for stringent financial supervision for islands

THE HAGUE - The Second Chamber of the Dutch Parliament has again made clear that it wants the financial supervision on the countries Aruba, Curaçao and St. Maarten and on the public entities Bonaire and St. Eustatius, More...

Cft Bonaire Sint Eustatius Saba
By Edition On Monday, June 25th, 2018
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Cft chairman Raymond Gradus: “Discipline with financial management Bonaire is troublesome”

KRALENDIJK - During its visit to Bonaire on June 19th, the Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) expressed its concerns to the Executive Council and the Island Council. The Cft notes More...

Foto CAft 20180202
By Edition On Monday, June 25th, 2018
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Chairman Raymond Gradus: ”Aruba has accomplished the CAft recommendations for the 2018 budget; important to shortly draw up a new legal standards framework aimed at sustainable finance”

ORANJESTAD - With the purpose to speedily reach the path towards sustainable public finance, the Board of financial supervisoion for Aruba (CAft) has made three recommendations. During its visit the CAft observed More...

Cft - 1
By Edition On Thursday, June 21st, 2018
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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 Bonaire Sint Eustatius Saba
By Edition On Thursday, May 31st, 2018
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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 Auditors
By Edition On Wednesday, May 16th, 2018
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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...