• Curaçao Chronicle
  • (599-9) 523-4857

"Austerity measures lead to higher inflation"

Local | By Correspondent August 29, 2019

WILLEMSTAD - Introduction of the total package of measures by the Rhuggenaath government will have a significant negative effect on the spending side of the economy.

It will lead to higher inflation. The Advisory Board reports this in a recent extensive commentary.

The government wants to implement the measures in the context of the planned cuts.

+