

By Alex Rosaria
Exactly 9 years ago (January 19, 2011), the financial director of the Central Bank of Curaçao and St. Maarten (CBCS) stated that the lack of a coordinated macroeconomic policy between Willemstad and Philipsburg poses a threat to the stability of monetary union between Curaçao and St. Maarten. In the meantime, this coordination is still lacking, with the result that the two countries are increasingly further apart. The current CBCS financial director, a former Minister of Finance, said as early as 2015 that this coordination of the monetary union is not a priority.
However, no coordination is not an option. A monetary union is the most advanced form of economic integration between members.
From 2008, as State Secretary for Finance, I have expressed my objections to a monetary union that was politically imposed by The Hague and accepted by the government of the Netherlands Antilles, the governments of Curaçao and St. Maarten and the Bank of the Netherlands Antilles (precursor of CBCS). This forced monetary marriage should never have taken place since it was not supported by any economic foundation.
The challenges that Curaçao experiences as an international financial centre should stimulate a sense of urgency. CBCS is an important link in this, but it has been in a negative light in recent years (pending a possible prosecution for breach of confidentiality, insolvency of the Girobank and probably also its questionable role regarding Ennia).
Hopefully our monetary union will receive the necessary attention as soon as possible. We cannot afford a monetary drama right now
~ Alex David Rosaria (53) is a freelance consultant active in Asia and the Pacific. He is a former Member of Parliament, Minister of Economic Affairs, State Secretary of Finance and UN Implementation Officer in Africa and Central America. He is from Curaçao and has an MBA from University of Iowa (USA).
Oh, yes, l told our parliamentarians and ministers since from 10/10/10 when St. Maarten left Curaçao, let’s have our own central bank and please give the clients of CKC credit union back their money. They all put blind eyes and deaf ears to my crying.
Because l knew Curaçao will get poorer when all the islands left them, so from February 1, 2020, let’s demand our shares and have our own central bank for St. Maarten and for its people.
And l say to the Minister for Finance, please help get CKC credit union clients’ money for them as soon as possible from the central bank. CKC clients want their money.
Cuthbert Bannis
Dear Editor,
If there is not enough money on the budget created by the road tax, most likely the roads will not be repaired adequately. And the way things look, if the right steps are not taken to collect the road tax this would not be fair to those vehicle owners who faithfully and yearly comply with the laws governing motor vehicle taxes.
To sum it up correctly let me begin by stating that I strongly believe that public transportation belongs in the hands of the public (government); government does not oblige anyone to buy a motor vehicle, even though government facilitates the use of the motor vehicle by providing roads for the owners and also lays down laws and stipulates rules and regulations for the motor vehicle owners and users.
One of those laws is the motor vehicle taxes which includes the license plates which distinguish the motor vehicles from each other.
In addition to that there is a law governing the illegal use of the number plates and conditions under which the number plates should be returned to the Receiver. The number plates belong to government.
We who complied and paid for motor vehicle taxes for the year 2019 were short-changed by government for giving in to the demands of those ignorant people who protested against putting “50 years of Carnival” on the number plates, which are not theirs. Fact is, St. Maarten did celebrate 50 years of Carnival and those same people who protested against that number plate were front and possibly center during the Carnival celebrations I know this because some of their cars were parked along the Carnival route with their number plates from 2018.
Because of the unprofessional manner in which government handled the matter by providing stickers for the protesters, millions of guilders in revenue was not collected, because of delinquency of both protesters and others. No money in the coffers, no roads maintained, the law-abiding citizens short-changed.
Thousands of numbers were not paid for, but also no reason for not returning the plates that were not paid for was given. So, by rights no payments in 2020 for 2020 if payment for 2019 was not done without a valid reason should be accepted. In other words pay for 2019 and 2020. Ignorance of the law is no excuse If one knows how to make illegal use of the flaw in the law created by that protest against the 50 years of Carnival, one should also know of the law under which circumstances one should return the plates.
If these steps are not taken by government, then government will be responsible for creating tax-evasion and tax-dodgers. We need that money to put back the signboards in the right places. I am constantly turning back tourists from going up Back Street (L’Escargot alley), driving in the wrong direction by Hong Kong restaurant, straight through again to Back Street. Maybe some of that money used to put down those bus stop huts and the bushalte signboards could be used for “One way” signs that would help guarantee road safety..
Russell A. Simmons
Dear Editor,
I believe that the editor of a renowned newspaper is one of the most accurately informed people in a community, because the letters to the editor are usually based on the true sentiments of the writer, even though the writer is aware that it is the prerogative of the editor to print or not to print. The Editor of this newspaper should know by now that I am an advocate of fairness and doing things right. My people are my people, but they can be wrong also, as well as people may not share my opinion. My assessment may not be always correct, but then again, I am big enough to accept my shortcomings.
Because of circumstances sometimes I hold back in order to let others in the community comment on situations. Along with that, I believe that the government is responsible for whatever happens in the country, whether good or bad. There are a few more things that I do not think should be taking place, and I maintain that it is because leaders of political parties chose party members they could manipulate, and that for me is robbing the people of good governance and lining their own pockets on behalf of the people.
This has manifested itself in the community in such a way that because of lack of adequate controls there is no price control in the different places of business. What irks me most is the daily changes in the prices in the supermarkets.
Every time a few cases of, for example, whole kernel corn are taken out of the original container where the rest came from the price is raised at least ten cents per tin and put on the shelf. But who cares?
We just had elections and the data on the voting cards was a combination of both English and Dutch (Name .....Adres....,...Zitting:8:00 A.M.-8:00 P.M.). but my real reason for choosing to write this letter to you is because on several occasions people (primarily foreigners) have written magazines with information about St. Maarten of which the information was not always accurate. I would always ask myself, “Should not there be someone from the Tourist Bureau going over this information before these books, leaflets or magazines are published?”
I’m thinking of the word “sue”. I doubt that there is anyone who doing this. And if they are doing it they are doing a very bad job. This happens. It is as if whoever gets the idea about it feels free to come to St. Maarten and publishes magazine(s) about St. Maarten and what happens here, because no one from here checks to see whether what is written and published about us is good, bad or indifferent.
On page 16 of a magazine WHERE’S, WHERE published by Robert D. Espitia it depicts most common traffic signs and emergency telephone numbers. There are 34 traffic signs with the meaning written below each sign. Of these 34 signs the explanation under five of them is wrong. The explanation is not only wrong, but can easily create dangerous situations. “Bicycle crossing” is written under the sign that means “prohibited for bicycles”; “speed limit” is written under the “minimum speed” sign; “no turn” is written under the “one way road” sign; “road broken or speed bump” is written under the “speed bump” sign.
Believe it or not, under the warning sign which means “be careful, you are approaching a playground, where children could be enjoying themselves”, yes, “local preference crossing” is written. Local preference crossing tells the driver that he/she has the right of way at that intersection. What would we do to our tourists who adhere to that explanation of the meaning of that sign and as a consequence knock down a child?
This magazine was published since September 2019, but I ran across it on Monday last, so I am hoping that my friends in the area of Lee’s restaurant do let me know that I missed the boat. But I believe that it is never too late to point out danger.
My people told me that I should add some of those sayings from the old people to my letters to you, so here we go. “The only people you should get even with are those who helped you”, which should disqualify “Revenge is a dish served cold”.
Russell A. Simmons
Curaçao on the shirt of Ajax. Good for many interesting discussions, but also good for the most absurd discussions. However! The phenomenon Curaçao on the shirt of a Dutch professional club is not new.
From 2014 to 2017, Curaçao was on the NEC shirt. There was no discussion then. Or would it be because at NEC the multi-millionaire Gregory Elias paid the bill and now the CTB?
The point is that shirt advertising is an investment. Ajax attracts a lot of publicity, much more than NEC. And that’s what matters.
Ajax will soon be coming to the training camp here in the sun. All football gods who take photos on Knip Bay and post it on their Instagram.
That’s what it’s about. It’s not all that difficult. The only thing I would like to see is that the word “Visit” is embroidered. That would make it perfect!
Steven Walroud
Member of Parliament for PAR
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