THE HAGUE - "With the courage to take difficult decisions and decisiveness to implement them", the governments of Curaçao, Aruba, and Sint Maarten can make public finances sustainable," said chairman Raymond Gradus of the Board of financial supervision (CFT) in the preface to a semi-annual report.
“Although the effects of the corona crisis are still present and the countries are still partly dependent on liquidity support from the Netherlands, the economic recovery has started. It is now important that the countries achieve budget surpluses as quickly as possible so that the accumulated debts are limited.”
“The CFT understands that the challenges are great, but at the same time considers it realistic that the countries now embark on the path of sustainable public finances. The costs must be managed structurally and benefits must be increased. It is also important that the countries make investments that add value to the economy. With the courage to make difficult decisions and the decisiveness to implement them, it is possible to make a difference. It is also important to reform the public sector so that there is a capacity for necessary reforms,” says Gradus.