WILLEMSTAD - On paper, the draft budget for 2023 is conclusive, but the Financial Supervision College (CFT) doubts whether it will become reality. The overview of income and expenses is not complete.
Finance Minister Javier Silvania has booked incidental tax revenues as structurally and also income from taxes whose introduction is by no means certain. He has "forgotten" repayment obligations and has not taken into account the increase in interest.
The CFT has worries about the rise in staff costs while one of the goals of the country package is to structurally lower this post. The sharp increase in expenditure on goods and services also raises questions. The draft budget as submitted to the CFT does not meet the Kingdom Law Financial Supervision in several parts.