Cft: “Steady progress required in various areas”

The Board of financial supervision Curaçao and Sint Maarten (Cft) urges the interim government to make progress in various areas. The 2020 budget has to be adopted as speedily as possible. In addition, measures must be taken to control costs and improve tax collection, enabling compensation for previous deficits as of the year 2021. It is also important to improve the budget and accountability cycle and to settle the large backlogs in the preparation and adoption of the financial statements.