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Kingdom of the Netherlands--Curac̨ao and Sint Maarten : 2016 article IV consultation discussions; press release; staff report; and informational annex.

Author: International Monetary Fund,
Publisher: Washington, D.C. : International Monetary Fund, [2016] ©2016
Series: IMF country report, no. 16/276.
Edition/Format:   eBook : Document : International government publication : English
Summary:
The currency union of Curaçao and Sint Maarten has important strengths, including a high level of development, good infrastructure, and relatively low public debt. However, preserving these going forward will require surmounting some critical challenges. GDP per capita is already at high-income country levels, but the islands must combat lackluster growth and high unemployment levels by addressing weak  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund,
ISBN: 9781475527285 1475527284
OCLC Number: 959239761
Notes: "August 2016."
Description: 1 online resource (68 pages) : color illustrations.
Series Title: IMF country report, no. 16/276.
Other Titles: Curac̨ao and Sint Maarten

Abstract:

The currency union of Curaçao and Sint Maarten has important strengths, including a high level of development, good infrastructure, and relatively low public debt. However, preserving these going forward will require surmounting some critical challenges. GDP per capita is already at high-income country levels, but the islands must combat lackluster growth and high unemployment levels by addressing weak competitiveness and improving the investment environment. The fiscal situation remains relatively stable, following the debt relief in 2010, but sustained efforts on fiscal and structural reforms are required to lock in gains and ensure continued fiscal and debt sustainability. The authorities' structural reform plans are welcomed, but continuity in policy will be essential going forward, particularly in the context of the upcoming elections in both countries, scheduled for September 2016.

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