September 12, 2025 Reaping the post-pandemic tourism boom, Curaçao’s and Sint Maarten’s economies have been expanding strongly, driven by stayover tourists and construction activity. Disinflation broadly continued, with some uptick…
Category: CURACAO
A landmark move positions Curaçao as the Caribbean’s digital innovation hub through sovereign, GPU-powered cloud infrastructure.
July 11, 2025 In a landmark move for the region, Blue NAP Americas, operator of the only Tier IV data center in the Caribbean, has partnered with Radian Arc, a…
Kingdom of the Netherlands – Curaçao: Staff Concluding Statement of the 2025 Article IV Mission
July 4, 2025 Curaçao’s economic activity expanded by 5 percent in 2024, as strong tourism performance trickled into the wider economy. Stayover arrivals, growing at double digits, continued to outperform…
Wärtsilä and Aqualectra partner to support Curaçao’s decarbonisation with new power plant to balance renewables
September 27, 2024 Technology group Wärtsilä has again been contracted by Aqualectra, Curaҫao’s government owned utilities company, to provide Engineering, Procurement and Construction in support of the country’s decarbonisation program.…
Kingdom of the Netherlands-Curaçao and Sint Maarten: 2024 Article IV Consultation Discussions-Press Release and Staff Report
September 20, 2024 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…
Curaҫao takes important step towards a sustainable energy future with Wärtsilä Battery Energy Storage System
May 21, 2024 Technology group Wärtsilä will supply the Caribbean island of Curaҫao with a 25 MW / 25 MWh Battery Energy Storage System (BESS). The system will enable the…
Kingdom of the Netherlands-Curaçao and Sint Maarten: 2023 Article IV Consultation Discussions-Press Release; and Staff Report
August 1, 2023 Curaçao and Sint Maarten, which form a monetary union (Union), are recovering from the pandemic and earlier shocks. Substantial tourism recoveries in both economies supported robust growth…
Kingdom of the Netherlands – Curaçao: Staff Concluding Statement of the 2023 Article IV Mission
June 2, 2023 Curaçao’s economy is recovering on strong tourism growth and sizeable private investment. Realizing Curaçao’s significant economic potential requires a strong development strategy supported by buy-in from stakeholders.…
Kingdom of the Netherlands-Curaçao and Sint Maarten: 2022 Article IV Consultation Discussions-Press Release; and Staff Report
August 12, 2022 The economies of Curaçao and Sint Maarten are recovering from the pandemic but facing multiple challenges, including spillovers from the war in Ukraine. Curaçao was in a…
Damen and Curacao Plan Investments for Caribbean’s Largest Shipyard
August 2, 2022 Investments for the facilities at Damen Shiprepair Curacao, the largest shipyard in the Caribbean, are expected to proceed shortly. The shipyard located on Curacao near the coast…
Kingdom of the Netherlands – Curaçao and the Monetary Union of Curaçao and Sint Maarten: Staff Concluding Statement of the 2022 Article IV Mission
June 7, 2022 Curaçao is recovering from the pandemic but faces multiple challenges, including strong inflation pressures stemming from the war in Ukraine. Policies need to be calibrated to support…
KINGDOM OF THE NETHERLANDS—CURAÇAO AND SINT MAARTEN 2021 ARTICLE IV CONSULTATION DISCUSSIONS— PRESS RELEASE; AND STAFF REPORT
August 27, 2021 Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2021 Article IV…