Published On: Tue, Dec 17th, 2013

Cft advises Kingdom Council of Ministers to give Sint Maarten instruction

In case there is no adopted 2014 budget on January 16th

Sint Maarten GovernmentPHILLIPSBURG – The Board of financial supervision (College financieel toezicht - Cft) advised yesterday, December 16th, the Kingdom Council of Ministers (Rijksministerraad - RMR) to give Sint Maarten an instruction in case there is no adopted 2014 budget by January 16th, 2014.

In its advice concerning the budget for 2013 the Cft already announced that it would advise the RMR to give an instruction, in case by December 15th there would not be a budget adopted by the Parliament.

In the meanwhile, the government of Sint Maarten has submitted a written petition for prolongation of the submittal of an adopted budget till January 16th. The Board gives the government of Sint Maarten the chance to adopt the budget for 2014 in the coming four weeks. However, the Board advised the RMR to give an instruction in order to realize an adopted budget for 2014 on short-term, if by January 16th there is no adopted budget for 2014.

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