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Amid worsening global conditions Monetary union continues on road to economic recovery

December 15, 2022

Amid worsening global conditions Monetary union continues on road to economic recovery
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Willemstad/Philipsburg:---  The Centrale Bank van Curaçao en Sint Maarten (CBCS) has released its Economic Bulletin of 2022 that includes a preliminary growth estimate for Curaçao and Sint Maarten for 2022 and the outlook for 2023. “Despite a worsened external environment on the back of, among other things, persistently high inflation, tighter financial conditions, and spill-over effects of the war in Ukraine, the monetary union’s recovery from the COVID-19 pandemic continued in 2022. Growth was sustained in both Curaçao and Sint Maarten by a surge in stay-over tourism. Hence, Curaçao recorded a real GDP expansion of 5.9% while the Sint ...


To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/42029-sint-maarten-lions-club-celebrates-its-anniversary-at-the-anglican-church.html

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Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/42023-amid-worsening-global-conditions-monetary-union-continues-on-road-to-economic-recover.html

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