Leila Matroos-Lasten: Achieving a higher and more inclusive growth path for Curaçao

Presentation by Mrs Leila Matroos-Lasten, Acting President of the Central Bank of Curaçao and Sint Maarten, at the Rotary Club of Curaçao luncheon, Willemstad, 1 November 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Good afternoon Rotarians, ladies and gentlemen,

First allow me to thank Rotary Club of Curaçao for the invitation to give a presentation today on a very important topic, "Achieving a higher and more inclusive growth path for Curaçao".

For some years already, the economic performance of Curaçao has been disappointing. It is therefore necessary that we change this negative trend and realize a higher pace of growth. Today I would like to discuss with you some challenges that may pose a downside risk to our growth prospects. Furthermore, I will provide some policy recommendations to achieve a higher and more inclusive growth path.

Let me emphasize in this context that inclusiveness is crucial. Evidence suggests that when the benefits of growth are shared more broadly, growth is stronger, more durable, and more resilient.