Cft: Adopt budget modification for 2024 without delay. | SMN NEWS

June 21, 2024

PHILIPSBURG:--- On May 14^th, 2024, Sint Maarten adopted its budget for 2024. This exceeds the deadline set to December 15^th, 2023, by almost six months. The Board of financial supervision of Curacao and Sint Maarten (Cft) is concerned about the quality of the budget and urges the country to align it with the standards set forth in the Kingdom Act on Financial Supervision Curacao and Sint Maarten (Rft) without delay. As soon as this modification of budget has been adopted, the country can take out a loan to make the necessary investments.

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Source: https://www.sxm-talks.com/st-martin-news-network/cft-adopt-budget-modification-for-2024-without-delay-smn-news/

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