Central Committee of Parliament to meet in closed door session with CFT

The Central Committee of Parliament will meet June 12 with the Board of Financial Supervision (CFT) in a not for public session of the House.

The Central Committee will meet on Wednesday at 10.00am in the General Assembly Chamber of the House at Wilhelmina Straat #1 in Philipsburg in an in camera session.

Members of Parliament (MPs) will discuss with the VFT the financial management of the country. MPs will also receive a presentation with respect to the findings documented in the Public Expenditure and Financial Accountability (PEFA) Report which is an inventory of the financial management of the country.

PEFA was founded in 2001 and originates from the aid effectiveness agenda as a multi-door partnership between seven donor agencies and international financial institutions to assess the condition of country public expenditures, procurement and financial accountability systems, and develop a practical sequence for reform and capacity-building actions.

The CFT is geared towards the realization of the common goal of all governments in the Dutch Kingdom having a durable public financial administration.

The key values of the CFT are independence, professionalism and transparency. The CFT endeavours to give a positive contribution to good public governance, prosperity and welfare of the inhabitants of Curacao, Sint Maarten, Bonaire, Sint Eustatius and Saba.