SXMElections.com

Extreme Weather Events A Permanent Risk.

 ~Countries should develop national climate adaptation strategies ~

WILLEMSTAD/PHILIPSBURG The Caribbean basin is the most exposed region to climate-related natural disasters. Hence, the occurrence of extreme weather events, which are expected to increase in frequency and severity due to climate change, can be considered a permanent risk to the economic outlook for Curaao and Sint Maarten, declared the president of the Centrale Bank van Curaao en Sint Maarten (CBCS), Richard Doornbosch, in the CBCSs 2023 December Economic Bulletin Read more

~More than 300 registrants, 10 workshops, and opportunities to learn from local and international experts~

PHILIPSBURG:---  Held throughout November, now officially decreed by law as Financial Literacy Month, the SXM Financial Literacy Month surpassed expectations with more than 300 participants, including walk-ins. Islandpreneur and the Ministry of Finance are thrilled to announce the successful completion of this groundbreaking initiative aimed at bolstering financial knowledge and resilience within the community Read more

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Cbcs Leaves Pledging Rate Unchanged.

~In line with market expectations on the development of the US target policy rate~

Willemstad/Philipsburg The Centrale Bank van Curaao en Sint Maarten (CBCS) decided to pause its monetary policy tightening by leaving the pledging rate1 unchanged. This decision is predicated on the expectation that the Fed will leave its target policy rate unchanged as U.S.
inflation continues to decline. Furthermore, the development in the monetary unions gross official reserves and import coverage are broadly in line with expectations Read more