Published: 05 July 2021
Kralendijk: - The Executive Council faces major challenges in the field of financial management and must take steps to formalize the land policy. The Board of Financial Supervision Bonaire, Sint Eustatius, and Saba (Cft) have indicated this in discussions with the Executive Council. The Cft also advises Bonaire to make a spending plan for the reserves built up in recent years.
There are positive reports about the expected recovery on Bonaire in the second half of this year. The number of corona infections is under control, partly as a result of a relatively high vaccination rate. The recovery of tourism will lead to higher tax revenues for Bonaire. In the first quarter of 2021, tourism-related benefits were USD 0.5 million lower than budgeted. It is expected that these incomes, including tax revenues, will increase in the second half of 2021.