Documents
Press 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,...
BonairePress release: Cft: “Turnaround towards long-term surpluses highest priority”
08/02/2023
Curaçao has a good starting position that will allow it to realize multiannual budget surpluses. This is partly because of the important results the project to increase tax revenues is producing. After years of budget deficits, Curaçao needs to...
CuraçaoPress release: Lidewijde Ongering new chairperson Boards of financial supervision
27/01/2023
The Kingdom Council of Ministers and the Council of Ministers of the Netherlands as regards the Caribbean Netherlands, have appointed drs. Lidewijde Ongering as the new chair of the three Boards of financial supervision as of February 1st, 2023....
Aruba, Bonaire, Curaçao, Saba, Sint Eustatius, Sint MaartenPress release: Cft: “Chairman Raymond Gradus resigns as per February 1st , 2023”
28/10/2022
Prof. dr. Raymond Gradus will resign as of February 1st, 2023 as Chairman of the Board of financial supervision Curaçao and Sint Maarten, the Board of financial supervision Bonaire, Sint Eustatius and Saba and the Board of Aruba financial...
Aruba, Bonaire, Curaçao, Saba, Sint Eustatius, Sint MaartenPress release: Cft: “Ensure timely adoption of budget”
27/10/2022
The Board of financial supervision Curaçao and Sint Maarten (Cft) in recent discussions has urged Sint Maarten to adopt the 2022 budget amendment and the 2023 budget within short term. The 2022 budget amendment contains an amount of ANG 15.4 million...
Sint MaartenPress release: CAft: “Measures are needed for sustainable public finances”
21/10/2022
Despite the strong economic recovery of the Aruban economy in 2022, both the 2022 and the 2023 budgets show a financing gap. In view of the considerable refinancing task that awaits Aruba in the coming years and the rising interest rates, it is of...
ArubaPress release: Cft: “Cost control remains crucial”
19/10/2022
The Curaçao economy recovered well in the first six months of 2022. Curaçao will reduce the budgetary deficit in 2022 and will present a balanced budget in 2023. However, the recovery of public finances is fragile and under pressure due to...
Curaçao