IMF Staff Country Reports

Kingdom of the Netherlands—Curaçao and Sint Maarten: 2021 Article IV Consultation Discussions; Press Release and Staff Report

August 25, 2021

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International Monetary Fund. Western Hemisphere Dept. "Kingdom of the Netherlands—Curaçao and Sint Maarten: 2021 Article IV Consultation Discussions; Press Release and Staff Report", IMF Staff Country Reports 2021, 186 (2021), accessed 12/28/2025, https://doi.org/10.5089/9781513594453.002

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Summary

The COVID-19 pandemic inflicted another major shock on the economies of Curaçao and Sint Maarten, which followed category 5 hurricanes in Sint Maarten in 2017 and the spillovers of the Venezuelan crisis on Curaçao. Despite the substantial response measures financed by The Netherlands, the economic contraction in 2020 was severe.

Subject: COVID-19, Expenditure, Fiscal policy, Fiscal stance, Health, International organization, Monetary policy, Public debt, Public financial management (PFM)

Keywords: article IV consultation discussion, Caribbean, COVID-19, Curaçao customs, current price, Fiscal stance, government operation, Policy recommendation

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