Oranjestad, St. Eustatius- The Committee for Financial Supervision (Cft) these days is paying a work visit to St. Maarten.
Although Cft currently has no official role on the island, they decided to visit St. Eustatius to inform themselves on the current situation.
“Given that the temporary law of task neglect is in place, the Cft has no formal role regarding Sint Eustatius”, said Cft chairman Raymond Gradus in a meeting with the press, which took place earlier today in Philipsburg.
The Cft chairman stated that, in spite of the fact that they have no formal role, the supervisory body was asked to stay informed about the budget cycle and the financial management.
Gradus said their visit to Sint Eustatius was informative. “We were also informed on reconstructions efforts and were impressed”, according to the Cft chairman.