PHILIPSBURG:— Minister of Tourism, Economic Affairs, Transportation and Telecommunications, Ludmila de Weever, is cautiously optimistic about the economic rebound forecast for this year by the Central Bank of Curacao and Sint Maarten (CBCS).
The CBCS released its Quarterly Bulletin for the third quarter of 2020 this week and estimates the Sint Maarten economy to grow by 3.1 per cent in 2021 compared to the severe decline of 25.6 per cent for 2020. The economic damage caused by the pandemic was in fact more severe than the aftermath of Hurricane Irma.
Minister De Weever attributes the country’s economic turnaround ...
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