~Fiscal policies should be aligned with long-term sustainable economic objectives.~

Willemstad/Philipsburg:---  On January 31, 2025, the Centrale Bank van Curaçao en Sint Maarten (CBCS) hosted its annual economic research symposium titled “Footprints of Government in the Economy: Analyzing the Trade-offs”. As economies around the world face new challenges -ranging from demographic shifts to technological advancements to fiscal pressures- the question of how the public sector can best support societal goals has become increasingly important. Addressing these challenges strategically ensures that governments remain a driving force for progress, fostering an environment where both individuals and businesses can thrive.
Dr. Jardim, Executive Director of the CBCS, opened the symposium by providing the guests with a better understanding of the public finances of Curaçao, Sint Maarten, and Aruba. This cross-country comparison highlighted the main differences and similarities between these countries and their vulnerability to external shocks, which negatively affect their public finances.
The symposium featured two interesting presentations, each offering valuable insights into the intricate relationship between fiscal policies and economic performance. The first presentation, given by Daniella van den Berg, Economist at the Centrale Bank van Aruba (CBA), addressed the future of social security in Aruba. The study reveals looming deficits in Aruba’s public pension and general health insurance schemes if current policies remain unchanged. Van den Berg outlined actionable strategies for the government to ensure the sustainability of these schemes, urging policymakers to take measures to meet the evolving needs of Aruba’s society.
The second presentation, given by Raïna Hieroms, an Economic Analysis and Research Specialist at the CBCS, examined the link between government size and economic growth across ten Caribbean countries. Based on her research, Hieroms concluded that higher government spending tends to hinder economic growth. Her analysis underscores the need for governments to reassess their spending behavior, advocating for a shift toward long-term, growth-oriented, and sustainable expenditure practices. Ms. Hieroms also highlighted the risks associated with fiscal deficits, which can destabilize macroeconomic conditions if not properly managed.

Following each presentation, a panel of experts in public finance and social security discussed the main research findings. The panel included François Michel Simon, Eric Matto, Ivan Kuster, and Alberto Romero. The discussions were moderated by Mrs. Charlene Alberto.
The event brought together a diverse group of experts from both the public and private sectors. Participants were able to exchange insights and explore the complex and multifaceted role of government in shaping economic outcomes.
The CBCS is committed to advancing relevant research and fostering meaningful dialogue on economic issues. This symposium served as a platform for innovative ideas as well as practical solutions. The presentations and discussions underscored the vital role of evidence-based policymaking in addressing today’s economic challenges.

Willemstad, February 3, 2025
CENTRALE BANK VAN CURAÇAO EN SINT MAARTEN

PHILIPSBURG:--- The highly successful event featuring author Rosemary E. Herbert took place on Friday, January 31, 2025. This special gathering showcased Herbert’s inspiring book, Nuggets for Kids: Fearless, attracting an enthusiastic audience of young readers, parents, and educators eager to engage in an uplifting literary experience.
A large turnout of children, ages 7 to 12, gathered at the Sint Maarten Library in Philipsburg, where they engaged in a dynamic Story Time and interactive workshop led by Mrs. Herbert. Through captivating storytelling and engaging discussions, children explored themes of faith, resilience, and personal growth. Many young attendees participated in an inspiring conversation about overcoming fears and embracing courage, centered around Chapter 3, Boldness, from Nuggets for Kids.
“The energy was incredible. Seeing children so engaged and inspired, and knowing that the message was both given and received, was truly heartwarming,” said Rosemary E. Herbert. “It is my hope that these young minds carry these lessons of faith and resilience with them in their daily lives.”
Another highlight of the afternoon was the book signing session. The Sint Maarten Library General Manager received four copies of Nuggets for Kids: Fearless on behalf of the community. Those who missed the event can borrow a copy from the library. Additionally, participating schools, ASA – No Kidding with Our Kids and Oranje Community School, received copies as a token of appreciation for their attendance. Parents and educators praised the event as a valuable and enriching experience for children, reinforcing the importance of faith-based storytelling in nurturing young minds.
Author Rosemary E. Herbert also made a special appearance on Sint Maarten Library’s Virtual Storytime “It’s Time for a Story”, where she read a chapter from her book to encourage reading and listening enjoyment. Stay tuned for this special episode, airing on the library's official Facebook page.

Library officials expressed their delight at the enthusiastic response and strong community participation. “We are honored to have hosted Mrs. Herbert and to see such a fantastic turnout,” said Ms. Mariland Powell, Activity Coordinator & Librarian. “This event is a testament to the power of literature in shaping young lives, and we look forward to organizing more inspiring events in the future.”
The Sint Maarten Library extends heartfelt gratitude to all attendees, volunteers, and supporters who contributed to making this event a tremendous success. For more information about upcoming literary events and activities, please visit www.library.sx or follow us on Facebook, Twitter, Instagram, and YouTube.

PHILIPSBURG:--- The Sint Maarten Library's first book sale event for 2025 took place on Saturday, February 1, 2025, and was a success; many turned out with enthusiasm
We saw an incredible turnout, with readers of all ages discovering great books, a wide selection of fiction, non-fiction, biographies, children’s books, and magazines at bargain prices. Proceeds from the sale will fund library programs to enrich the community's educational and cultural experiences.
Book buyers expressed that it was a good thing to do on a Saturday. Ms. S. Richardson, Head of Administration, stated it was a great turnout and was happy to see a lot of familiar faces as well as first-time buyers to the library book sale.
We extend our heartfelt gratitude to everyone who attended, spread the word, and contributed to making these events so memorable. Thank you for your incredible support. Your love for books and commitment to literacy continue to inspire us!
The Sint Maarten Library has been a cornerstone of the Sint Maarten community since its establishment, providing access to a vast array of resources and programs designed to promote literacy and lifelong learning. The library is committed to serving the informational, educational, and cultural needs of the public.
Stay connected for more exciting events at the Sint Maarten Library—we cannot wait to welcome you back soon!

PHILIPSBURG:--- The vibrant week of author and illustrator Mylo Freeman’s visit to Sint Maarten, sponsored by Biblionef in collaboration with the Sint Maarten Library, the Ministry of Education, Youth, Culture, and Sports, and SECDA, was a resounding success. This inspiring initiative culminated in two unforgettable events that seamlessly blended creativity, education, and excitement."

A Day of Adventure and Creativity:
On the final day of activities, a dynamic illustration workshop was held for children aged 7-10 from Alexander’s and Brighter Child Afterschool Programs. However, the day took an unexpected turn when the building’s smoke detectors sounded, prompting a safe evacuation.
The children were met with a delightful surprise outside: Prime Minister Luc Mercelina! The Prime Minister took time to greet the excited children, creating a moment they will not soon forget. Once the building was cleared and deemed safe, the workshop resumed, allowing the children to complete their illustration activities. Despite the interruption, their enthusiasm and creativity remained unwavering.

Barbie Workshop: Celebrating Diversity and Creativity:
Earlier in the week, on Saturday, January 18, a special Barbie workshop was held for children aged 4-6 at the Government Building. This unique event celebrated diversity and imagination. Children brought their own Barbie dolls to the session, where they explored a fascinating collection of Barbie dolls representing various ethnic backgrounds.
Guided by renowned author Mylo Freeman, the children learned about the history of Black Barbie and engaged in hands-on activities, designing and decorating vibrant outfits for their dolls. The workshop not only sparked creativity but also encouraged discussions on cultural representation and inclusivity.

A Memorable Week with Mylo Freeman:
Throughout the week, Mylo Freeman, a celebrated author and illustrator, captivated young audiences at daycare centers across Sint Maarten. Through engaging workshops and readings, she introduced children to her beloved book Hello, Baby!, inspiring young minds with messages of love and acceptance.
The week’s activities showcased the power of collaboration in creating meaningful experiences for children. Biblionef, along with its partners, remains dedicated to fostering initiatives that merge education, culture, and creativity.

Writers’ and Illustrators’ Workshops: Nurturing Aspiring Creators
The highlight of the week was the Writers’ and Illustrators’ Workshops, held on Monday, January 20, and Tuesday, January 21, 2025. During the Writers’ Workshop, Mylo Freeman guided participants through the essential elements of picture book storytelling, including story structure, ways to activate a narrative using a basic storyline scheme, and key do's and don'ts of writing for children. Participants were then tasked with writing a short story based on the theme of "fantasy."
This was followed by the Illustrators’ Workshop, where Freeman emphasized the importance of composition, starting with small sketches to develop a feel for illustrations, experimenting with different perspectives, and expressing emotions vividly. Participants explored various artistic techniques, including watercolor, digital illustration, inks, and mixed media. The hands-on nature of the workshop allowed them to experiment with different materials and enhance their artistic expression.

A Special Appearance on Sint Maarten Library Virtual Storytime
As part of her visit, Mylo Freeman made a special appearance on the Sint Maarten Library’s Virtual Storytime, where she presented two of her books: Calling Dr. Zaza and Princess Arabella is a Big Sister.
In addition, her recently published book Hello, Baby! is part of an ongoing special promotion. While supplies last, babies and toddlers (ages 0-2) who register at the Sint Maarten Library will receive a Baby Kit, and children aged 3 will receive a Hello, Baby! backpack upon registration. For older children, Princess Arabella is a Big Sister was featured on the library’s program It’s Time for a Story.
The Sint Maarten Library encourages both patrons and non-patrons to stay engaged for upcoming exciting projects. In addition invites the community to keep celebrating the transformative power of storytelling and imagination.
For more information on upcoming events and initiatives, please visit Sint Maarten Library or follow us on social media.