Cft advises Council of Kingdom Ministers to give an instruction to St.Maarten to adopt its budget

The Board of financial supervision (College financieel toezicht – Cft) has advised the Council of Ministers of the Kingdom on September 2nd to give an instruction to Sint Maarten in order to accomplish an adopted 2013 budget that complies with the norms of the Kingdom Act.

The Cft has reached this decision in view of the fact that Sint Maarten still does not have an adopted 2013 budget. The deadline the Cft and Sint Maarten agreed on was end of August.