Knops promises Additional Financial Support for Public Entities

The Hague- State Secretary Raymond Knops has asked the Committee for Financial Supervision (Cft) for advise on extra financial support for the governments of Bonaire, St. Eustatius and Saba.

This is written in a letter from Knops to Dutch Parliament today. “The corona crisis – just like is the case in Dutch municipalities – also has an impact on finances of the three public entities. Due to the absence of tourists, the islands miss out on tax revenues, such as the tourist tax, the car rental tax and the airport tax”, according to Knops

According to Knops, the situation is made worse because of that fact that Government on the three islands are incurring additional costs as a result of the corona crisis, for example for Public Health and for enforcement of implemented Corona measures.

Additional costs

“The public entities have received compensation in 2020 for loss of income and for additional costs. I have asked the Financial Supervision Council (Cft) to advise me on the expected loss of income and the extra expenditure of the public bodies as a result of corona, such as the extra expenditure for public health and for enforcement and supervision.”, according to Knops in his letter.

Knops states that, on the basis of this advice provided, additonal compensation for Bonaire, St. Eustatius and Saba will be determined and incorporated in the next budget amendment.

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