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Published: 07 July 2021
PHILIPSBURG: - The government of Sint Maarten is facing great challenges with regard to the (multi-annual) budget. The budget for the current year 2021 reveals a deficit of approximately 20 percent of the Gross Domestic Product and has still has not been adopted by the Governor. Sint Maarten will have to work actively and methodically to reduce the budget deficit and create a surplus. This way the standards of the Kingdom Act on financial supervision (Rft) can be met and a start can be made on paying off the country s very high debts. In order to make health care and social security sustainable, structural reforms aimed at limiting expenditure are inevitable. The Board of financial supervision (Cft) again urges to put the financial management in order and to timely adopt the budgets and annual accounts. Only this way can the government and parliament get “in control” again.
Published: 23 April 2021
Den Haag: - Mr. Henk Kamp and Mrs. dr. Mr. Hellen van der Wal will both enter into a second term at the Boards of financial supervision. Upon the recommendation of the Netherlands Henk Kamp will be reappointed as a member of the Board of financial supervision (Cft) Curaçao and Sint Maarten and of Cft Bonaire, Sint Eustatius, and Saba for a term of three years, as per July 1st, 2021. For the Board of financial supervision Aruba (CAft) his reappointment will take effect for the same term, starting August 1st, 2021. For this Board Mrs. Hellen van der Wal will also be reappointed for the same term, as per the same date. Her reappointment is upon the recommendation of Aruba.