Island Financial

Island Financial (912)

PHILIPSBURG, St. Maarten - From the answers of the Minister of Finance Roland Tuitt to parliamentary questions on the future of the monetary union, it might be inferred that the recent SER advice on the monetary union contained criticism of the Central Bank of Curaçao and Sint Maarten (CBCS).

PHILIPSBURG, St. Maarten -Members of Parliament Thursday recieved answers to a number of questions they had asked from members of the Council of Ministers.

PHILIPSBURG, St. Maarten - The island's Gross Domestic Product (GDP) expanded by 1.2% in 2012, according to the Central Bank of St. Maarten and Curacao.

PHILIPSBURG, St. Maarten - Minister in charge of Justice Roland Duncan told Members of Parliament on Wednesday that as far as the budget is concern, there is very little policy changes projected for his Ministry.

PHILIPSBURG, St. Maarten - "The Cost of Living Adjustment for the workers of the government of St. Maarten is part of a policy that was prepared by an island territory, Prime Minister Sarah W Williams told MPs on Wednesday.

PHILIPSBURG, St. Maarten - The Government of Curacao is breathing a sigh of relief today, as the Board of Financial Supervision (CFT) has taken a decision to highly recommend the island's 2013 budget.

WILLEMSTAD, Curacao - The Board of financial supervision (College financieel toezicht - Cft) is of the opinion that the budget of 2013 for Curaçao currently complies with the norms as stipulated in the Kingdom Act on financial supervision Curaçao and Sint Maarten.

PHILIPSBURG, St. Maarten - The governments of St. Maarten and Curacao recently signed for the execution of an operational audit pertaining to the Central Bank of Curacao and St. Maarten, stated Prime Minister with the responsibility for General Affairs, Sarah W Williams.

PHILIPSBURG, St. Maarten  – Certain Members of Parliament behave as if commenting on the budget is an earned right and that if organizations or individuals don't meet certain randomly set criteria, then they don't have the right to comment on the budget.

PHILIPSBURG, Sint Maarten – A plenary session of Parliament regarding the draft 2013 country budget is scheduled for April 15.