Published On: Tue, Aug 19th, 2014

Policy makers should pay more attention to economic growth

Emsley TrompWILLEMSTAD - Policymakers need to keep their attention focused on promoting economic growth and they must not let themselves be distracted too much by the things that inhibit these goals. This is according to the President of the Central Bank of Curaçao and Sint Maarten (CBCS), Emsley Tromp. Yesterday, the annual report 2013 of the Central Bank of Curaçao and Sint Maarten was presented.

Tromp said that a reform agenda must be adopted for, among others, education, the labor market and the investment climate. Curaçao would do well to profit from international economic growth, he indicated. For several years, the economy of the island has been stagnant. According to Tromp, the island should be able to open up its economy more. For example, Aruba is fairly open and this country has been enjoying an average real growth rate of two percent for a while now.

The President of CBCS believes that Curaçao should participate in global developments again.

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