Cft: “Major risks at government entities and social funds”

Philipsburg – The Board of financial supervision (Cft) observes substantial risks to Sint Maarten's public finance at several state-owned enterprises. Furthermore, the executive organization for social security funds, SZV, is going through difficult times. If no measures are taken, the reserves will be depleted, which will have major consequences for public finance. In addition to the delayed 2026 budget, Sint Maarten is currently working on a timely budget for 2027. It is important that this budget adequately addresses the risks to the country.