Documents
Press release: Cft: “Prioritize adoption of budget 2024”
22/02/2024
Since 2010, there has not been a single year in which Sint Maarten has managed to timely adopt its budget. This year, the situation is no different, which means there is no framework in place for incurring expenses and making investments. Therefore,...
Sint MaartenPress release: Cft: “Prioritize 2024 budget adoption and investments”
25/10/2023
Sint Maarten is expected to realize a surplus in its operational expenses in 2023. For now, the investments are lagging behind compared to the adopted 2023 budget. For long the Board of financial supervision Curaçao and Sint Maarten (Cft) has been...
Sint MaartenPress release: CAft: “Take action now to strengthen public finances and the economy”
20/10/2023
The Aruban economy has been on the rise since 2021. According to the latest insights from the International Monetary Fund (IMF), the economy will grow by 8 percent in 2023. For 2024 a growth of 3 percent is expected. This strong recovery, combined...
ArubaPress release: Cft: “Anchor improvements”
19/10/2023
The Executive Council of Bonaire faces the important task of structurally anchoring the financial management improvements achieved in the organization of the public entity. The Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft)...
BonairePress release: Cft: “Despite increasing income, Curaçao is facing major challenges”
18/10/2023
In the coming years Curaçao will face higher expenses as a result of the ENNIA solution and the refinancing of the liquidity support. The risks and uncertainties in health care and social security remain invariably high as well and Curaçao...
CuraçaoPress release: Elizabeth de Cuba nominated as member of the Board of financial supervision Curaçao and Sint Maarten
29/09/2023
Upon proposal of Curaçao, the Kingdom Council of Ministers approved the intention to appoint Ms. J.E. on September 29th, 2023 (Elizabeth) de Cuba as a member of the Board of financial supervision Curaçao and Sint Maarten (Cft).
Curaçao, Sint MaartenPress release: Boards of financial supervision visit the Netherlands
25/05/2023
From May 22nd to 24th, 2023, the Boards of financial supervision paid a working visit to the Netherlands. There they spoke with the State Secretary of the Interior and Kingdom Relations, the State Secretary of Finance, members of the First and Second...
Aruba, Bonaire, Curaçao, Saba, Sint Eustatius, Sint MaartenPress release: Cft: “Sint Maarten, continue improvement process”
16/02/2023
In its conversation with the Minister of Finance of Sint Maarten, the Board of financial supervision Curaçao and Sint Maarten (Cft) determined that Sint Maarten is taking the necessary steps to improve its budgetary process. The Kingdom Council of...
Sint MaartenPress release: CAft: “Utilize recovery for the benefit of a resilient economy”
10/02/2023
The recovery of the Aruban economy endures. In 2022 the economy grew by 12 percent, according to the latest insights of the International Monetary Fund (IMF). A growth of 5 percent is expected for 2023. Partly due to this strong economic recovery and...
ArubaPress release: Cft: “Balanced and realistic budget of great importance”
09/02/2023
In conversation with the Executive Council of Bonaire, the Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) has requested attention for the drafting of a balanced and realistic budget. Bonaire calculated a budget deficit in 2023,...
Bonaire