Published On: Wed, Jun 18th, 2014

Rosaria: “Economic Summit to stimulate sustainable growth”

Alex-RosariaWILLEMSTAD - The Curacao Economic Summit will take place next week Wednesday, June 25. This is a summit where the private sector will meet with the government coalition to join hands to reach concrete agreements to stimulate a sustainable economic development, which must help the social problems on the island. These agreements should lead to private and public investments in the economy.

“We chose for a short list of topics, which we will discuss during the summit. Our aim is to have a realistic list of goals. We will discuss the following topics: changes in the business permit system; changes in the immigration policy; youth employment and doing business in a more social manner (Corporate Social Responsibility),” Rosaria said.

The organized private sector and the government coalition have signed a covenant in 2013 in which they indicate that the will reach concrete agreements for a sustainable economic development. The economic summit is the next step in these joint efforts to achieve more investment in the economy, to create more jobs and to counteract the social backwardness on the island.

“Economic growth is a long process, especially if we see in what condition our government was. The first step for economic recovery was achieved at the beginning of this year when we were able to stabilize and put our public finances in order. As we can remember, we had to deal with a financial instruction from the Kingdom Government because of our financial disaster of 2010-2012. This instruction was lifted at the beginning of this year. We did it with a lot of sacrifice and pain. However, the foundation was laid to change the course of our economy. Now it is really the time to change direction. For our party (PAIS) this economic summit must become the moment in which we give a signal that the private sector and the government are committed to make 2013 a year of economic recovery.

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