Kingdom of the Netherlands-Curaçao and Sint Maarten:2022 Article IV Consultation Discussions-Press Release; and Staff Report

2022 Article IV Consultation Discussions-Press Release; and Staff Report

Volume/Issue: Volume 2022 Issue 270

Publication date: August 2022

ISBN: 9798400214363

$20.00

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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , Sint Maarten monetary union , Curaçao team , Sint Maarten team , Sint Maarten well , en Sint Maarten , COVID-19 , Public investment spending , Caribbean , Global

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Summary

The economies of Curaçao and Sint Maarten are recovering from the pandemic but facing multiple challenges, including spillovers from the war in Ukraine. Curaçao was in a protracted recession even before the pandemic due to spillovers from the Venezuelan crisis. Sint Maarten needs to fully recover not only from the pandemic, but also from the devastating 2017 hurricanes.