THE HAGUE, WILLEMSTAD - The government of Curaçao believes that it should pay to the Netherlands too high an interest rate for loans granted. This is apparent from the response of the Pisas cabinet to the report “Evaluation of the liquidity loans to Aruba, Curaçao and Sint Maarten”. In this report, the Ministry of the Interior and Kingdom Relations evaluates the effects of liquidity loans provided to Aruba, Curaçao and Sint Maarten in 2020 and 2021 in response to the Covid-19 pandemic.
In its response, Curaçao states that the Netherlands charges too high an interest rate on the loans before 2014. Questions are also raised about the corona loans that are provided interest-free, which could be negative if the Netherlands did not levy a risk surcharge. The Pisas cabinet points out that it will have paid 60 million guilders in interest in 2021, as a result of which Curaçao's debt position has become "unnecessarily" higher.