Central Bank plan ready in two weeks

POSTED: 01/21/13 1:08 PM

GREAT BAY – St. Maarten and Curacao are working on a “durable solution” for the Central Bank. A plan of action has to be ready within the next two weeks, Prime Minister Sarah Wescot-Williams stated in a press release that was issued this weekend.
Wescot-Williams met with Curacao’s Prime Minister Daniel Hodge last week Wednesday. Hodge received an invitation after his government announced that it wants to re-evaluate the monetary union it shares with St. Maarten.
“The Government of St. Maarten is on record stating that the two countries must be willing to evaluate the functioning of the monetary union after more than two years and after the countless obstacles this institution has encountered in the execution of its responsibilities,” Wescot-Williams stated. “We have therefore agreed to work towards a solution that is in the interest of both countries in the short and long term. Keeping this in mind we will work on a joint proposal and a plan of action within the next two weeks that will include the necessary steps to come to a durable solution.”

Did you like this? Share it:
Central Bank plan ready in two weeks by

Comments are closed.