THE HAGUE – “With the courage to make difficult decisions and decisiveness to implement them”, despite major challenges, it is realistic that Curaçao, Aruba and Sint Maarten will get their finances in order in the long term. This is what chairman Raymond Gradus of the Financial Supervision Boards writes in the foreword to the most recent half-year report.  

“Although the effects of the corona crisis are still present and the countries are still partly dependent on liquidity support from the Netherlands, the economic recovery has started. It is now important that the countries achieve budget surpluses as quickly as possible, so that the accumulated debts are limited,” says Gradus.  

“The costs must be structurally controlled and benefits must be increased. It is also important that countries make investments that add value to the economy. It is important to reform the public sector so that financial capacity can be freed up for necessary reforms.” 

Bron: Curacao Chronicle