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St. Maarten prime minister hopes for approval of 2014 budget by parliament

MONDAY,13 JANUARY 2014

PHILIPSBURG–Prime Minister Sarah Wescot-Williams expressed her hope that there will be a speedy and conclusive approval of the 2014 Budget when deliberations begin in Parliament on Monday.

“It is my fervent wish that we can get the Budget approved by Parliament as soon as possible and I hope that we do not have a repeat of 2013. Last year was a bad example but this year we hope to have a functioning Budget that will allow us to move forward with governing,” she said.

Parliament has scheduled the handling for this Monday in a Central Committee setting and once that is completed deliberations will then move to the public meeting. The Minister of Finance Martin Hassink will have the initial presentation to Parliament followed by more wide-scale interactions between Government and Parliament.

“The CFT recommended that Government be given until January 16 to have an approved budget, so if Parliament starts the handling of the Budget on Monday the hope is that we will be able to have the budget approved within the time frame give or take a few days. There is a balanced Budget now in accordance with CFT laws and the CFT will vet and approve the budget after the Parliamentary approvals,” stated the Prime Minister.

Wescot-Williams also stressed that the 2014 Budget is very lean and trimmed down due to the financial climate and projections on income for 2014: “We are in a very financially challenging time and therefore are carefully considering creating the type of environment and activities that give the people of St. Maarten the type of opportunities they need, with Government attracting investments that we need to focus on,” stressed the PM.

Source: The Daily Herald, St. Maarten

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