The Kingdom Of The Netherlands In The Caribbean
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Decolonising the Caribbean
Author: Gert Oostindie
language: en
Publisher: Amsterdam University Press
Release Date: 2003
Annotation Elizabeth A. Kaye specializes in communications as part of her coaching and consulting practice. She has edited Requirements for Certification since the 2000-01 edition.
Kingdom of the Netherlands-Curaçao and Sint Maarten
Author: International Monetary Fund. Western Hemisphere Dept.
language: en
Publisher: International Monetary Fund
Release Date: 2024-09-17
Curaçao and Sint Maarten experienced a vigorous post-pandemic recovery. Growth was underpinned by strong stayover tourism, which is outperforming Caribbean peers. Headline inflation has declined rapidly, notwithstanding a recent uptick, led by international oil price developments, while core inflation remains elevated. In both countries, current account deficits improved markedly from pandemic years but remain high. Fiscal positions remained strong and in compliance of the fiscal rule. Both countries strive to adopt sound macroeconomic policies, broadly in line with past IMF advice (Annex I). The landspakket, the structural reform package agreed with the Netherlands in 2020, continues to guide both countries’ reform agenda.
The Kingdom of the Netherlands-Aruba
Author: International Monetary Fund. Fiscal Affairs Dept.
language: en
Publisher: International Monetary Fund
Release Date: 2018-12-18
Over the last decade, Aruba has faced three recessions resulting in a public debt of approximately 90 percent of GDP. Its current budget deficit needs to be reduced and Aruba should close a fiscal gap of 1.5-2 percent of GDP over the next two to three years to return to a sustainable path. Earlier this year, the authorities have introduced a crisis package, mainly by increasing the turnover taxes. This temporary tax measure should be replaced by a tax reform that will modernize and simplify the current system. The new tax system should not only raise more revenue, but also shift the tax burden away from income and profits toward consumption. The current system is not well equipped to make these changes. In replacing the crisis levy, the Government sees an opportunity to streamline the current tax system, modernize it, and make it more sustainable for the future needs of Aruba.