Curaçao and Sint Maarten’s governor praises IMF analysis tool

Island nations are in no hurry to adopt CBDC, Richard Doornbosch says

Central Bank of Curaçao and Sint Maarten
The Central Bank of Curaçao and Sint Maarten

Curaçao and Sint Maarten’s central bank president said it had boosted its analytical capacity by using a tool developed with the International Monetary Fund.

Richard Doornbosch also said the two Caribbean island nations should take a hesitant approach to central bank digital currency (CBDC). The Central Bank of Curaçao and Sint Maarten serves two small former Dutch colonies.

Curaçao and Sint Maarten’s fixed exchange rate helped the islands escape inflation’s worst effects, he said. Doornbosch

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