RaboResearch - Economic Research

Country Report

Country Report Sint Maarten

St. Maarten has experienced moderate economic growth in 2013. One of St. Maarten’s challenges remains building up an institutional framework, as it currently lacks the human and financial resources to develop a good functioning administration.

Country Report

Country Report Sint Maarten

Since its independence in 2010, St. Maarten has been building and extending its own institutional framework, whereby this process is executed slower than expected. Furthermore, economic performance has been weak in recent years.

Economic Comment

Curaçao and Sint Maarten: Frozen credit

Faced with an unsustainable current account deficit and declining international reserves, the Central Bank of Curaçao and Sint Maarten introduced a six month freeze on private credit extension, but more needs to be done.