Monetary union deficit set to widen in 2016

PHILIPSBURG–The deficit on the current account of the balance of payments for the monetary union of Curaçao and St. Maarten will widen in 2016 as a result of a decline in the net export of goods and services. This decline is attributable to a projected increase in the imports, mitigated by a growth in exports, according to the Central Bank of Curaçao and St. Maarten.

Source: The Daily Herald Monetary union deficit set to widen in 2016

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