Looking ahead, for the further development of the corporate bond market, it is imperative that the government continues to ensure the sound management of public enterprises by strengthening corporate governance, including transparency and accountability. After all, sound and well-managed enterprises imply a lower risk premium and, consequently, a lower interest rate. This condition will lead to more investment and higher economic growth.
Ladies and gentlemen, times have changed and so has our monetary policy. Since 2010, Curaçao and Sint Maarten have comprised a monetary union and this union is facing some challenges with the balance of payments. To effectively deal with those challenges, we need to take coordinated actions.