Agreements
At the beginning of March, the CFT indicated that it was not in the position to give a positive advice on the draft budget, but has reached agreements with Sint Maarten to as soon as possible reach a 2011 budget adopted by the Parliament of Sint Maarten and positively evaluated by the Board. However, Sint Maarten later came back from these agreements.
Last week, Minister Piet Hein Donner of Internal Affairs and Kingdom Relations (Binnenlandse Zaken en Koninkrijksrelaties – BZK) requested Prime Minister Wescot-Williams to work jointly with the Board of financial supervision on a solution for the 2011 draft budget of St. Maarten. Both parties have agreed to this, after which further consultations took place in the Netherlands between the Prime Minister and the Board. On Tuesday these consultations would have finalized but St. Maarten failed to show for the video conference meeting. Because of the absence of the Prime Minister of Sint Maarten, herein followed by the Minister of Finance, the consultations did not take place.
