Kingdom of the Netherlands—Curaçao and Sint Maarten: 2018 Article IV Consultation-Press Release and Staff Report
January 25, 2019
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Weak growth and underlying structural vulnerabilities persist in both Curaçao and Sint Maarten. Worsened macroeconomic conditions—reflecting the spillovers from one of Curaçao’s largest trading partners and the devastation from Hurricanes Irma and Maria in Sint Maarten—make the need for policy adjustment and structural reforms aimed at ensuring fiscal sustainability, enhancing competitiveness, strengthening investor confidence, and developing capacity more urgent.
Subject: Budget planning and preparation, Financial regulation and supervision, Fiscal policy, Fiscal space, Fiscal stance, Public debt, Public financial management (PFM), Revenue administration
Keywords: Budget planning and preparation, Caribbean, CR, discussion, finance of Curaçao, Fiscal space, Global, government, growth in Curaçao, IMF staff estimate, ISCR, liability positions vis-à-vis nonresident, positions of Curaçao, real GDP
Pages:
63
Volume:
2019
DOI:
Issue:
023
Series:
Country Report No. 2019/023
Stock No:
1CUWEA2019001
ISBN:
9781484395929
ISSN:
1934-7685
