Central Committee starts budget review St. Maarten February 22


PHILIPSBURG--The Central Committee of Parliament will begin deliberations on the 2012 draft budget on February 22 at 10:00am. Copies of the draft budget were delivered to Members of Parliament (MPs) on Wednesday afternoon after it was received from Governor Eugene Holiday earlier in the day.

The draft budget is accompanied by supporting documents such as the positive advice on the budget from the Committee for Financial Supervision CFT.

The 2012 draft budget is NAf. 432,549,600 – some NAf. 11.6 million more than last year's NAf. 420,916,597 budget.

President of Parliament Gracita Arrindell said Wednesday that she was happy to receive the draft budget so that Parliament finally could move swiftly with the approval process. She told the press she was even more delighted that the Finance Ministry was already working on the 2013 draft budget.
To help the process for the 2013 budget, Arrindell said her aim was to have Parliament's budget, which is prepared independently from government, ready by May 1. Parliament's budget forms part of the country budget.