THE HAGUE – State Secretary for Kingdom Relations, Zsolt Szabó, emphasized the significance of sound financial management as a key focus of his policy in response to the semi-annual report from the College of Financial Supervision (CFT) sent to the Dutch House of Representatives today.
“The report underscores the necessity for structural improvements in financial management across the islands,” Szabó summarized. “Key measures include obtaining unqualified audit opinions and strengthening internal controls, which are critical for the financial stability and self-reliance of the islands. These improvements align with the long-term objectives of economic sustainability and stress the importance of structural reforms, such as managing social expenses and healthcare costs effectively.”
The semi-annual report also highlights the importance of governance reforms and improved planning. It emphasizes that sustainable governance is vital for ensuring a financially responsible future for the islands.
“The recommendations in the report reinforce our pursuit of structural reforms in financial management and sustainable development,” Szabó continued. “These efforts will establish a strong foundation for the islands’ economic growth and resilience.”
The report further outlines the need for enhanced administrative practices and long-term planning to ensure that the islands can navigate future challenges effectively while maintaining fiscal discipline.
This evaluation reflects ongoing efforts by the Dutch government to support the financial and economic development of the Dutch Caribbean islands, including Aruba, Curaçao, and Sint Maarten.