Published On: Fri, Aug 3rd, 2018

Economic stagnation puts pressure on small and medium-sized businesses

BusinessWILLEMSTAD - The middle and small business suffers from the economic contraction of recent years. Recently, the Central Bureau of Statistics published the poor performance of the economy in 2017. Also, the result of a survey on the economic outlook for 2018 shows that this year will not be a good year either.

According to the chairman of ADECK (Small and Medium-Sized Businesses Association) Wilbert Geertruida, the economic downturn means more pressure on the members of his organization. The authorities say that the government needs more money, but the tax collector should assume a more flexible attitude, says Geertruida.

Geertruida indicated that there are many businesses that are disappearing silently. This is clearly visible in the downtown area.

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