WILLEMSTAD – The absence of a formal Cabinet decision on the future of the Curaçao Medical Center (CMC) continues to pose a significant financial risk for the country, according to the College financieel toezicht Curaçao and Sint Maarten (Cft).
Although the 2026 budget outlines a proposed solution to stabilize the hospital’s finances, the Council of Ministers has yet to formally approve the plan. The approach consists of two elements: additional structural funding to cover operational losses and an ongoing assessment of how to deal with outstanding debts and uncovered reserves within CMC entities.
The Cft describes the slow pace of decision-making as worrying, especially since it has been raising alarms about the hospital’s financial situation since 2022. The watchdog again urges the government to finalize its decision and to have the final arrangement independently reviewed, particularly with regard to real estate valuations and financial participations.
As long as no formal decision is taken, uncertainty over the impact on the national budget persists.