{"id":1044,"date":"2019-03-31T13:11:31","date_gmt":"2019-03-31T13:11:31","guid":{"rendered":"https:\/\/minfin.cw\/?post_type=helpie_faq&#038;p=1044"},"modified":"2019-03-31T13:11:31","modified_gmt":"2019-03-31T13:11:31","slug":"what-financial-standards-does-curacao-have","status":"publish","type":"helpie_faq","link":"https:\/\/minfin.cw\/en\/helpie_faq\/what-financial-standards-does-curacao-have\/","title":{"rendered":"What financial standards does Cura\u00e7ao have?"},"content":{"rendered":"<p>The legally established financial standards are:<\/p>\n<ul>\n<li>a balanced current account. This means that the current account has to be balanced, that is, current revenues and expenditures should be equal;<\/li>\n<li>the capital account may have a deficit. This means that funds can be borrowed to finance capital expenditures, provided this adheres to the Interest Charges Standard and that the Current Account remains in balance;<\/li>\n<\/ul>\n<p>The interest charges standard. The interest charges standard means that in a fiscal year the total interest charged may not exceed an amount equivalent to 5% of the average actual revenue realized in the previous 3 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legally established financial standards are: a balanced current account. This means that the current account has to be balanced, that is, current revenues and expenditures<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","footnotes":""},"helpie_faq_category":[78],"helpie_faq_group":[],"class_list":["post-1044","helpie_faq","type-helpie_faq","status-publish","format-standard","hentry","helpie_faq_category-financial-standards"],"acf":[],"_links":{"self":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/helpie_faq\/1044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/helpie_faq"}],"about":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/types\/helpie_faq"}],"author":[{"embeddable":true,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/helpie_faq\/1044\/revisions"}],"predecessor-version":[{"id":1045,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/helpie_faq\/1044\/revisions\/1045"}],"wp:attachment":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/media?parent=1044"}],"wp:term":[{"taxonomy":"helpie_faq_category","embeddable":true,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/helpie_faq_category?post=1044"},{"taxonomy":"helpie_faq_group","embeddable":true,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/helpie_faq_group?post=1044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}