GREAT BAY (DCOMM):--- On Thursday, April 10th, the Council of Ministers (COM) met with representatives of the Stichting Overheidsaccountantsbureau (SOAB).
The SOAB delegation included G.A.G. Martes, Managing Director SOAB, S.E. Ricardo, Senior Audit Manager SOAB Sint Maarten, C. Joseph, Senior Audit Manager SOAB Sint Maarten and L.J.H. Hiemstra, Audit Manager SOAB Sint Maarten.
SOAB presented the results of the brainstorm session, which took place with the collaboration of the Ministry of Finance. The topics debated in the brainstorm session were finding income generating and cost saving measures and to determine which of the proposed measures could be accomplished in the short term to supplement the budget.
Based on the results of the brainstorm session SOAB developed a project plan of approach. The project plan of approach deals with the execution of the suggested measures and how to come to the desired result.
The Council of Ministers appreciated the clear presentation and applauded the good initiative. The Council is supportive of the recommendations and will look into the feasibility of the presented plans.