PHILIPSBURG, Sint Maarten – Honourable Minister of Finance Hiro Shigemoto says the Council of Ministers (COM) will be discussing several proposals made by the Committee for Financial Supervision CFT and the 2011 Budget in their Tuesday, March 29 meeting.

A formal response will go out to the CFT after the proposals have been discussed in the ministerial meeting.

CFT submitted a number of proposals which were received on Friday.

Honourable Prime Minister Sarah Wescot-Williams as well as the Minister of Finance was unable to attend the video conference call with the CFT on Monday due to unforeseen circumstances.