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Cft to analyze budget amendment of Sint Maarten.

Philipsburg:--- The Board of Financial supervision (College financieel toezicht - Cft) recently received the requested budget amendment of Sint Maarten. The Cft will analyze the amended budget and submit its advice on July 2nd, the latest.

The Cft requested the Government of Sint Maarten to present a budget amendment to address the projected revenues from taxes on rental income from real estate owned by non-residents, and the payment of the remaining part of the COLA (Cost of Living Allowance; ANG 17 million).

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