st maarten news

Unemployment Dutch St Maarten DROPPED: Curaçao recovery is slow

Unemployment Dutch St Maarten DROPPED: Curaçao recovery is slow

 Jan. 31, 2022

WILLEMSTAD – Curaçao is recovering slowly from the corona crisis this year. CEO of the Central Bank of Curaçao and Sint Maarten expects economic growth of 6.6%. By way of illustration: for Sint Maarten, a plus of 14.6% is expected.
The growth figures are also reflected in the development of unemployment. In Curaçao, this remains high (18.3% against 20.2% last year), while in Sint Maarten there is a decrease from 15.8% to 10.6%. The more positive figures for Sint Maarten are partly the result of reconstruction projects financed by the Netherlands. The figures come from a lecture by Doornbosch for the Dutch Caribbean Association of Economists.

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