St. Maarten Parliament meets on 2011 budget next week

POSTED: 04/13/11 12:07 PM

St. Maarten – Parliament will meet next week Thursday to discuss issues concerning the 2011 budget. The National Alliance faction asked for the meeting on Monday.

The 2011 budget is a hot topic, because the government has to submit a Cft-approved version this Friday the latest. The parliament already approved a budget in December, but that one was shot down by the Financial Supervisor Cft because it showed a deficit.

If St. Maarten does not manage to produce a balanced budget by Friday, the Kingdom Council of Ministers might give the country an instruction about how to fix the budget, or it could even decide to make a budget on Kingdom level.

 

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