ROAD REPAIR WILL COST THE COUNTRY MORE THAN 300 MILLION - JJosephaNews

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Thursday, April 7, 2022

ROAD REPAIR WILL COST THE COUNTRY MORE THAN 300 MILLION

     

THE GOVERNMENT ESTIMATES THE COST TO BE BETWEEN 300 TO 500 MILLION GUILDERS

By: JJosephaNews
Reading Time:  2:35 mins.
Twitter: @JJosephaNews

THE GOVERNMENT ESTIMATES THE COST TO BE BETWEEN 300 TO 500 MILLION GUILDERS  By: JJosephaNews Reading Time:  3:00 mins. Twitter: @JJosephaNews    Willemstad, Curacao. The repair of the roads in Curacao will surely cost between 300 to 500 million guilders. This is what the Minister of traffic, transportation and urban planning (VVRP) Mr. Charles Cooper (political party MFK) declared. Apparently, the VVRP Ministry is busy with loans for road repairs.   Key Points: Charles Cooper declarations on Road Repairs in Curacao. What is The CFT About? What is The KCM?   CHARLES COOPER DECLARATIONS ON THE ROAD REPAIR IN CURACAO JJosephaNews_CharlesCooper_Minister_VVRP_Traffic-Transport-SpatialPlanning-00  According to The VVRP Minister; Charles Cooper: “We did an inventory, we had a price tag, so, right now, we stand between 300 to 500 million guilders for road repair but the processing capacity in Curacao is no larger than 50 million guilders, and you can't repair all the roads that are bad in Curacao, that annoyingly breaks open, then the economy will be badly overwhelmed. So; we have made a plan, a multi-year plan and a multi-year budget. So, if we get fifty (50) million a year, and, how are we going to get that fifty million. We spoke to CFT (Colleges financieel toezicht aka Financial Supervision Board) there, because we also had the Central Bank (CBCS) conduct a socio-economic analysis of our technical plan. They really liked it, so the economy goes up by five (5) points, you get jobs and so on. CFT thought it was very well thought out, but they said, listen, you know, the rules are that you have to have a balanced budget to be able to borrow. So, and we see that, this year there is a gap in our budget of 164 million, next year 33 million and in 2024 it will only be in balance.” TRANSLATION: [Felicity: 10% | Fidelity: 90%  = TR: 0.111]  According to the VVRP Minister Cooper declared that; CFT found it such a good plan, but the plan needs to be more detailed for CFT to render a positive advice with the Kingdom Council of Ministers (KCM), for such plans to become a reality.    WHAT IS CFT ABOUT? JJosephaNews_Cft Curacao  According to The CFT; “The Financial Supervision Boards are aimed at realizing the common goal of all governments within the Kingdom of the Netherlands: achieving sustainable financial government management. Within the working method of Cft, independence, professionalism and transparency are the core values. With this, the Board aims to make a positive contribution to good public administration, the prosperity and well-being of the population of Aruba, Curacao, Sint Maarten, Bonaire, Sint Eustatius and Saba. With the entry into force of the new constitutional relations on October 10, 2010, two councils came into effect: The Cft-Bonaire, Sint Eustatius and Saba aka (Cft-BES) and The Cft-Curacao and Sint Maarten (Cft-CW). With the entry into force of the National Ordinance Aruba Financial Supervision, the implementation of the supervision of the public finances of Aruba was officially assigned to the Board of Aruba Financial Supervision aka Cft-Aruba (Cft-AW) on September 2nd, 2015. The three Colleges were supported by a joint secretariat.”    TRANSLATION: [Felicity: 10% | Fidelity: 90%  = TR: 0.111]  WHAT IS THE KCM? According to The Netherlands governmental site the KCM has many functional and operational aspects, like:  1)“Working method of the Council of Ministers Under the Constitution, the ministers together form the Council of Ministers. The Council of Ministers generally decides government policy and promotes policy unity. 2) Rules of procedure for the Council of Ministers Rules of procedure for the Council of Ministers are laid down regarding the composition, powers and working method of the Council. For example, Article 26 of the Regulations provides that there is a duty of confidentiality about what is discussed in the meeting. The minutes of the Council of Ministers will be made public after 20 years. 3) The meeting of the Council of Ministers The Council of Ministers meets under the leadership of the Prime Minister. In principle, the council meets once a week, usually on Fridays. If necessary, the council may also meet at other times. The Council of Ministers meets in the Trêveszaal in the building of the Ministry of General Affairs at the Binnenhof in The Hague. From time to time, the Council of Ministers also meets at other locations, for example in the Catshuis, the official residence of the Prime Minister. In addition; There are also four (4) so-called free chairs at the conference table. State secretaries can sit here. They sit down when a topic from their portfolio is discussed. And for the plenipotentiary minister of Aruba, Curacao and Sint Maarten at a meeting of the Kingdom Council of Ministers. 4) Council of Ministers support The Council of Ministers is officially supported by a secretary and a deputy secretary. They keep the agenda and draw up lists of decisions and minutes. Both are seated to the left of the Prime Minister at the table in the Trêves room. In addition, the director-general of the Government Information Service (RVD), or his deputy, is present at the meetings. He is the spokesperson for what has been discussed in the Council of Ministers. The RVD issues press releases in response to the Council of Ministers. The director-general of the Government Information Service has his own table in the corner of the Trêveszaal. 5) The Trêveszaal Trêve means file. This room is named after the negotiations with Spain, which took place in 1608; prior to the Twelve Years' Truce (1608-1621). In 1696 Daniel Marot renovated the hall in Baroque style. The Trêveszaal is considered one of the most beautiful rooms in the Binnenhof. 6) Reich Council of Ministers Sometimes the Council of Ministers is preceded by the Kingdom Council of Ministers, at which the plenipotentiary ministers of Aruba, Curacao and Sint Maarten are present. In the Council of Ministers of the Kingdom, also known as the Kingdom Council of Ministers, the countries of the Netherlands, Aruba Curacao and St Maarten work together to deal with the affairs of the Kingdom. This includes proposals for The Kingdom Act, The Charter and matters of foreign policy and defense in the Caribbean. In principle, the Kingdom Council of Ministers meets every month, prior to the regular Council of Ministers. The plenipotentiary ministers of Aruba, Curacao and St Maarten will then be present.” TRANSLATION: [Felicity: 10% | Fidelity: 90%  = TR: 0.111]     OVERALL TRANSLATION: FELICITY:10% | FIDELITY:90% PAPIAMENTU-DUTCH : ENGLISH     Fact Check:  We strive for accuracy and fairness. If you should read or see something that doesn't look right, Contact Us!    To read more from JJosephaNews:  Subscribe to Our YouTube Channel  Follow us on Twitter Like us on Facebook Stay tuned for  more news @JJosephaNews!   #roadrepair #traffictransportationandurbanplanning #vvrp #charlescooper #mfk #cft(#collegesfinancieeltoezicht #financialsupervisionboard #curacaoensintmaartencentralbank #cbcs #kingdomcouncilofministers   ©2022 JJosephaNews. All rights reserved.


Willemstad, CuracaoThe repair of the roads in Curacao will surely cost between 300 to 500 million guilders. This is what the Minister of traffic, transportation and urban planning (VVRP) Mr. Charles Cooper (political party MFK) declared. Apparently, the VVRP Ministry is busy with loans for road repairs.


Key Points:
  • Charles Cooper declarations on Road Repairs in Curacao.
  • What is The CFT About?
  • What is The KCM?


CHARLES COOPER DECLARATIONS ON THE ROAD REPAIR IN CURACAO

JJosephaNews_CharlesCooper_Minister_VVRP_Traffic-Transport-SpatialPlanning-00

According to The VVRP Minister; Charles Cooper:
We did an inventory, we had a price tag, so, right now, we stand between 300 to 500 million guilders for road repair but the processing capacity in Curacao is no larger than 50 million guilders, and you can't repair all the roads that are bad in Curacao, that annoyingly breaks open, then the economy will be badly overwhelmed. So; we have made a plan, a multi-year plan and a multi-year budget. So, if we get fifty (50) million a year, and, how are we going to get that fifty million. We spoke to CFT (Colleges financieel toezicht aka Financial Supervision Board) there, because we also had the Central Bank (CBCS) conduct a socio-economic analysis of our technical plan. They really liked it, so the economy goes up by five (5) points, you get jobs and so on. CFT thought it was very well thought out, but they said, listen, you know, the rules are that you have to have a balanced budget to be able to borrow. So, and we see that, this year there is a gap in our budget of 164 million, next year 33 million and in 2024 it will only be in balance.
TRANSLATION: [Felicity: 10% | Fidelity: 90%  = TR: 0.111]

According to the VVRP Minister Cooper declared that; CFT found it such a good plan, but the plan needs to be more detailed for CFT to render a positive advice with the Kingdom Council of Ministers (KCM), for such plans to become a reality.


WHAT IS CFT ABOUT?

JJosephaNews_Cft Curacao

According to The CFT
The Financial Supervision Boards are aimed at realizing the common goal of all governments within the Kingdom of the Netherlands: achieving sustainable financial government management.
Within the working method of Cft, independence, professionalism and transparency are the core values. With this, the Board aims to make a positive contribution to good public administration, the prosperity and well-being of the population of Aruba, Curacao, Sint Maarten, Bonaire, Sint Eustatius and Saba.
With the entry into force of the new constitutional relations on October 10, 2010, two councils came into effect: The Cft-Bonaire, Sint Eustatius and Saba aka (Cft-BES) and The Cft-Curacao and Sint Maarten (Cft-CW). With the entry into force of the National Ordinance Aruba Financial Supervision, the implementation of the supervision of the public finances of Aruba was officially assigned to the Board of Aruba Financial Supervision aka Cft-Aruba (Cft-AW) on September 2nd, 2015. The three Colleges were supported by a joint secretariat.”   
TRANSLATION: [Felicity: 10% | Fidelity: 90%  = TR: 0.111]

WHAT IS THE KCM?

According to The Netherlands governmental site the KCM has many functional and operational aspects, like: 
1)Working method of the Council of Ministers
Under the Constitution, the ministers together form the Council of Ministers. The Council of Ministers generally decides government policy and promotes policy unity.
2) Rules of procedure for the Council of Ministers
Rules of procedure for the Council of Ministers are laid down regarding the composition, powers and working method of the Council. For example, Article 26 of the Regulations provides that there is a duty of confidentiality about what is discussed in the meeting. The minutes of the Council of Ministers will be made public after 20 years.
3) The meeting of the Council of Ministers
The Council of Ministers meets under the leadership of the Prime Minister. In principle, the council meets once a week, usually on Fridays. If necessary, the council may also meet at other times.
The Council of Ministers meets in the Trêveszaal in the building of the Ministry of General Affairs at the Binnenhof in The Hague. From time to time, the Council of Ministers also meets at other locations, for example in the Catshuis, the official residence of the Prime Minister.
In addition; There are also four (4) so-called free chairs at the conference table. State secretaries can sit here. They sit down when a topic from their portfolio is discussed. And for the plenipotentiary minister of Aruba, Curacao and Sint Maarten at a meeting of the Kingdom Council of Ministers.
4) Council of Ministers support
The Council of Ministers is officially supported by a secretary and a deputy secretary. They keep the agenda and draw up lists of decisions and minutes. Both are seated to the left of the Prime Minister at the table in the Trêves room.
In addition, the director-general of the Government Information Service (RVD), or his deputy, is present at the meetings. He is the spokesperson for what has been discussed in the Council of Ministers. The RVD issues press releases in response to the Council of Ministers. The director-general of the Government Information Service has his own table in the corner of the Trêveszaal.
5) The Trêveszaal
Trêve means file. This room is named after the negotiations with Spain, which took place in 1608; prior to the Twelve Years' Truce (1608-1621). In 1696 Daniel Marot renovated the hall in Baroque style. The Trêveszaal is considered one of the most beautiful rooms in the Binnenhof.
6) Reich Council of Ministers
Sometimes the Council of Ministers is preceded by the Kingdom Council of Ministers, at which the plenipotentiary ministers of Aruba, Curacao and Sint Maarten are present.
In the Council of Ministers of the Kingdom, also known as the Kingdom Council of Ministers, the countries of the Netherlands, Aruba Curacao and St Maarten work together to deal with the affairs of the Kingdom. This includes proposals for The Kingdom Act, The Charter and matters of foreign policy and defense in the Caribbean. In principle, the Kingdom Council of Ministers meets every month, prior to the regular Council of Ministers. The plenipotentiary ministers of Aruba, Curacao and St Maarten will then be present.
TRANSLATION: [Felicity: 10% | Fidelity: 90%  = TR: 0.111]

 

OVERALL TRANSLATION: FELICITY:10%FIDELITY:90%
PAPIAMENTU-DUTCH : ENGLISH




Fact Check: 
We strive for accuracy and fairness. If you should read or see something that doesn't look right, Contact Us!



To read more from JJosephaNews: 
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Stay tuned for  more news @JJosephaNews! 

#roadrepair #traffictransportationandurbanplanning #vvrp #charlescooper #mfk #cft(#collegesfinancieeltoezicht #financialsupervisionboard #curacaoensintmaartencentralbank #cbcs #kingdomcouncilofministers

©2022 JJosephaNews. All rights reserved.

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