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Monetary Policy Report – May 2025

The global economy was plunged into uncertainty by a marked shift in trade policies by several key economies, most notably the US. The threat of the imposition of tariffs by the US on several countries during the first quarter of 2025 sparked financial market volatility.

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64th Bi-Annual Meeting of CARICOM Central Bank Governors

The Centrale Bank van Curaçao en Sint Maarten (CBCS) hosted the 64th Bi-Annual Meeting of the CARICOM Central Bank Governors in hybrid format on May 22–23, 2025. The meeting, chaired by CBCS President Richard Doornbosch, convened senior central bank officials from eleven Caribbean jurisdictions to address regional economic developments and strengthen the resilience of the Caribbean’s financial systems.

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Notice – Insurance Act 2018 (As Amended)

Notice is hereby given, in accordance with Section 15(3) of the Insurance Act 2018 (as amended) (the Act), that the following agencies have ceased to hold a registration certificate to carry on the business of an insurance agency during the last quarter ended March 31, 2025.

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Tariffs and International Trade

In the seventh Note in its Public Education Series, the Central Bank seeks to explain what tariffs are, how their use evolved and the potential implications of the still-evolving US actions.

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