Documents

Oranjestad – In recent years, Aruba has achieved considerable budget surpluses, and it reduced its debt ratio. Although these are positive developments, the Board of financial supervision of Aruba (CAft) emphasizes that the country must now seize...

Philipsburg – Sint Maarten must prioritize increasing income. In recent conversations with the Sint Maarten government, the Board of financial supervision of Curacao and Sint Maarten (Cft) urged the country to do so. Without reforms, over the...

Willemstad – During recent conversations with the Curaçao Government, the Board of financial supervision of Curaçao and Sint Maarten (Cft) insisted that the issues within the Curaçao Tax Authorities must be addressed as soon as possible. Since...

Kralendijk – During it’s deliberations with Bonaire’s Executive Council and Island Council, the Board of financial supervision of Bonaire, Sint Eustatius and Saba (Cft) drew attention to the problems that are frequently and repeatedly part of...

Mr. Hans Hoogervorst and Ms. Julisa Frans will both be reappointed for a second term with the Boards of financial supervision. On November 29th, 2024, the Kingdom Council of Ministers approved their reappointment. As of January 1st, 2025, on the...

For quite some time now, the Cft has been seriously concerned about the fact that Sint Maarten's income is lower than expected, which leaves the country with limited own resources for important public expenses. The adoption of the budget amendment...

Sint Eustatius’ budget for 2025 has been adopted on time, and shows a surplus by means of which unexpected setbacks may be absorbed. Financial management still requires attention. The Cft requested the Public Entity to provide a better insight into...

Aruba’s economy is rapidly growing. The image shown by government finance is also a positive one. Since 2022, the budgets have been adopted timely. However, the justification information falls behind, as shown by the fact that both the...

Curacao follows the recommendation given by the Board of financial supervision of Curacao and Sint Maarten (Cft) and reserves extra means in the draft budget 2025 to compensate for the loss-making exploitation of the Curacao Medical Center (CMC). For...

On June 21st, 2024, the Kingdom Council of Ministers agreed with the appointment of Mr. Marion Agunbero, MA, as member of the Board of financial supervision of Aruba (CAft) on the recommendation of Aruba. Mr. Agunbero will succeed Ms. Hellen van der...