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Central Bank warns of dwindling reserves

Written by  Staff Reporter 15 February 2012 Published in Island Financial
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Central Bank warns of dwindling reserves

PHILIPSBURG, Willemstad - The countries of St. Maarten and Curacao are still facing the problem of dwindling foreign reserves.

This was once again outlined by the President of the Central Bank of St. Maarten and Curacao Dr. Emsley D. Tromp.

Plans for the issuance of bonds is being viewed as one way to stimulate and increase in the foreign reserves.

Bonds from the Harbour of St. Maarten is one of the companies that have been proposed to float the bonds.

For Curacao infrastructural developments is being considered as a means to provide economic stimulation.

Gonzalo Cuales of Z-86 radio in Curacao filed this report which can be heard via PodCast.

Last modified on Thursday, 16 February 2012 18:09
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written by a guest, February 17, 2012
it must be dwindeling, everybody leaving with their money.

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