WILLEMSTAD – The College for Financial Supervision (CFT) responded on April 18 to the fourth execution report of Curaçao for 2024. Minister of Finance Javier Silvania (MFK) received a letter from the CFT regarding the country's financial status. 

The preliminary figures show a surplus of 142 million Netherlands Antillean guilders (ANG), although this is expected to be adjusted to 63 million due to unprocessed obligations. At the same time, there is a deficit of 62 million ANG in capital services, which could rise to 124 million ANG. Liquidity has decreased from 223 million ANG at the end of 2023 to 162 million ANG by the end of 2024. The national debt has also been reduced to 4.126 billion ANG. 

The CFT expressed concerns about delays in submitting annual accounts, the lack of reports on the public sector, and delays in the implementation of the Financial Management Roadmap. On a positive note, the quality and completeness of the reporting in this fourth UR have shown improvements.