Philipsburg – Based on the financial results for the first half year, Sint Maarten will remain within the deficit of 71 million guilders budgeted for the whole of 2019, according to the Financial Supervision Council.,, The Cft notes with concern that no progress was made in improving the financial management in the first half of 2019.The Cft advises Sint Maarten to give this project the necessary priority and to immediately start implementing parts of the approved project plan, ”writes the Cft to Minister of Finance Perry Geerlings.Sint Maarten has a considerable backlog with regard to the annual accounts 2013 up to and including 2018. Insufficient progress was made in the first half of 2019, so that the backlogs continue.The Cft points out that Sint Maarten still does not meet the conditions set by the Netherlands for new liquidity support.
St Maarten News 