Tuitt meets Parliament on perceived deficit on Monday

POSTED: 06/1/12 12:28 PM

St. Maarten – Finance Minister Roland Tuitt will have a discussion with Members of Parliament on Monday about the May 9th letter the Board of financial supervision (Cft) sent to government. The core point in the letter is a request for the government to inform the Cft within 14 days how the government intends to cover a perceived deficit of 21 million guilders and how it intends to cover the 17 million guilders needed to pay a cost of living adjustment to civil servants and teachers. The government is also requested to send its first quarterly report on its finances.

The discussion between Tuitt and the MPs is the first of three agenda points for the meeting. The other two agenda points are an amendment to the Stamp Ordinance to allow for the introduction of new identification cards and driver’s licenses and the initiative draft ordinance submitted by the National Alliance which requires changes to the Civil Code Book Seven A that will seek to eliminate of misuse of short term labor contracts.

Monday’s meeting begins at 3:00 p.m. and will be carried live on St. Maarten Cable TV Channel 20, Pearl Radio FM 98.1. and www.pearlfmradio.com.

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