Kingdom of the Netherlands-Curacao and Sint Maarten : 2016 Article IV Consultation Discussions-Press Release; Staff Report; and Informational Annex.

This 2016 Article IV Consultation highlights that the fiscal situation in Curacao and Sint Maarten remains relatively stable, following the debt relief in 2010, but progress on necessary fiscal and structural reforms has been slow. Curacao experienced modest growth in 2015 of 0.1 percent, reflecting...

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Bibliographic Details
Corporate Author: International Monetary Fund. Western Hemisphere Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Staff Country Reports; Country Report ; No. 2016/276
Online Access:Full text available on IMF
Description
Summary:This 2016 Article IV Consultation highlights that the fiscal situation in Curacao and Sint Maarten remains relatively stable, following the debt relief in 2010, but progress on necessary fiscal and structural reforms has been slow. Curacao experienced modest growth in 2015 of 0.1 percent, reflecting a turnaround from the contraction of 1.1 percent in 2014. The economy of Sint Maarten expanded by 0.5 percent in 2015, a slowdown compared with the 1.5 percent recorded in 2014. Real GDP growth in 2016 is expected to reach 0.5 percent in Curacao and 0.7 percent in Sint Maarten. Over the medium term, growth is expected to pick up moderately to 0.9 percent and 1.3 percent for Curacao and Sint Maarten, respectively.
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Physical Description:1 online resource (68 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students