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Debt ratio to 90 percent with support package

Local | By Correspondent April 14, 2020

WILLEMSTAD - If the financing aid is provided to Curaçao as a loan, the debt ratio will rise to almost 90 percent of what that island earns in one year.

Now it is still 57 percent. The International Monetary Fund (IMF) believes that in view of the sharp rise in the level of debt, the sustainability of these debts should be taken into account in the design of a support package.

It is not clear what that means for the aid package.

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