Your reaction to the advice pertaining to the adopted budget 2024

On May 29th, 2024, the Board of financial supervision of Curacao and Sint Maarten (Cft) issued its advice pertaining to Sint Maarten’s adopted budget for 2024. In its advice, the Cft gave six recommendations for modification of the budget. The Cft requested you to state on June 12th, 2024 at the latest, how Sint Maarten intends to give substance to these recommendations, and how to incorporate the aforementioned in an amended draft budget (OBW). On June 12th, 2024, the Cft received your reaction. Pursuant to Article 12, paragraph 5, of the Kingdom Act on Financial Supervision Curacao and Sint Maarten (Rijkswet financieel toezicht Curaçao en Sint Maarten – Rft) you hereby receive the Cft’s reaction to your letter. The Cft sends a copy of this reaction to Parliament of Sint Maarten.