Cft: Concrete measures are needed for financial recovery

Challenges to prevent debt position from becoming unsustainable . Sint Maarten recently presented the Financial Recovery Plan. According to that plan, budget surpluses will be accomplished as of 2021 by increasing the income. The Board of financial supervision Curaçao and Sint Maarten (Cft) has called upon Sint Maarten to take concrete measures in order to actually realize the planned surpluses. Given the inadequate state of the financial management, the Cft has reached an agreement with Sint Maarten to work towards an unqualified auditor's report for the 2021 financial statements