Tuitt pleads for budget approval

POSTED: 06/28/12 11:53 AM

St. Maarten – Finance Minister Roland Tuitt pleaded with the Board of the Central Bank of Curacao and St. Maarten yesterday to approve bank’s budget. The estimates of revenue and expenses include items like building the branch in St. Maarten.
“It is – to use harsh words – irresponsible to have a central bank operating without an approved budget and if there are internal problems that is one (thing edi.,), but I think it behooves the board to comply with their duty and get that budget approved immediately,” Tuitt said at Wednesday’s Council of Ministers press briefing.
The pleading follows a meeting last week between Tuitt and his Curacao counterpart George Jamaloodin. The two ministers discussed the way forward on the central bank. The meeting concluded with the agreement that Tuitt will take two weeks to do some research on potential ways to “bring the central bank out of the dilemma that they are in right now.”

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