Documents
Press release: Cft: Swift action needed towards balanced budget
13/02/2019
The Board of financial supervision (Cft) looks with interest forward to receiving the revised 2019 budget plus the plans to reform the tax authorities and get the financial management in order. The Cft discussed the revision of the budget with the...
ArubaPress release: CAft: Diligent implementation of protocol is necessary for sustainable public finances
15/02/2019
A protocol between Aruba and the Netherlands was agreed upon on November 22nd, 2018, which is directed towards sustainable public finances. It is understood that as soon as possible a surplus of at least 1% of GDP will be achieved on the budget. This...
ArubaPress release: Cft chairman Raymond Gradus: "Saba has its administrative stability and financial management in order"
26/10/2018
The Cft has praised Saba during its visit on October 23rd with the timely submission of the budget documents and on continuing good financial management. Discussions were held with the Executive Council and the Island Council about the reconstruction...
SabaPress release: Cft: Concrete measures are needed for financial recovery
25/10/2018
Challenges to prevent debt position from becoming unsustainable .
...
Sint MaartenPress release: CAft: Structural cuts needed in among others personnel costs in order to achieve sustainable public finances
19/10/2018
In order to achieve sustainable public finances, the CAft recommends that structural savings be made in the budget. The costs will increase in the coming years due to rising interest rates and availability fees for Public-Private Partnerships (PPP)....
ArubaPress release: Cft: About time that Curaçao addresses sustainable public finance
17/10/2018
Newly made agreements government and Cft have to turn situation around.
...
CuraçaoPress release: Cft chairman Raymond Gradus: “Bonaire is not adequately implementing legislation, threat of escalation ensues”
16/10/2018
The Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) has called on both the Executive Council and the Island Council to demonstrate more decisiveness. The Cft has been stating for some time now that on too many levels Bonaire is...
BonairePress release: Russell Voges appointed in Board of financial supervision Curaçao and Sint Maarten (Cft)
28/09/2018
On September 28th, 2018 the Council of Ministers for the Kingdom agreed on the intention to propose Mr. Russell Voges to the King as a member of the Board of financial supervision Curaçao and Sint Maarten (Cft) upon the recommendation of Sint...
Curaçao, Sint MaartenPress release: Mrs. Hellen van der Wal appointed as member of the Board of financial supervision Aruba
06/07/2018
The current secretary of the Advisory Council of Aruba, Ms. Hellen van der Wal will become a member of the Board of financial supervision Aruba (CAft) as per August 1st, 2018. She has been nominated by Aruba and she will succeed the current member...
ArubaPress release: Raymond Gradus (Cft): “Getting the economy rolling again, working towards a balanced budget and realizing liquidity support should be the focus of Sint Maarten”
27/06/2018
From the 25th of June until the 27th, the Board of financial supervision Curaçao and Sint Maarten (Cft) visited Sint Maarten. During its visit, Cft stressed the importance of working towards a balanced budget in the near future. For 2018 however,...
Sint Maarten