Sint Maarten Public Expenditure Review
Sint Maarten is a high-income small island state located in the Caribbean that occupies the southern half of the island shared with the French overseas collectivity of Saint Martin. Sint Maarten is one of the six islands in the Caribbean that form...
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Language: | English |
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World Bank, Washington, DC
2020
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Online Access: | http://documents.worldbank.org/curated/en/274541604290515305/St-Maarten-Public-Expenditure-Review http://hdl.handle.net/10986/34750 |
Summary: | Sint Maarten is a high-income small
island state located in the Caribbean that occupies the
southern half of the island shared with the French overseas
collectivity of Saint Martin. Sint Maarten is one of the six
islands in the Caribbean that form part of the Kingdom of
the Netherlands and since the dissolution of the former
Netherlands Antilles on October 10, 2010 it has an
autonomous constitutional status as a separate country
within the Kingdom. As a small island state, Sint Maarten
has an open and largely tourism-based economy. The island
belongs to the Leeward Islands, a group of islands located
where the northeastern Caribbean Sea meets the western
Atlantic Ocean within the Caribbean hurricane belt. Sint
Maarten has been exposed to numerous hurricanes, including
Luis in 1995, Lenny in 1999, and Irma and Maria in 2017. The
PER consists of four interconnected chapters: (i)
macro-fiscal developments, (ii) health, (iii) social
protection, and (iv) education. The main findings of these
detailed chapters are brought together and summarized in
this synthesis report. The focus of the PER on challenges in
revenue generation and tax administration, public financial
management, health and long-term care, social protection and
pension systems, and education is motivated by the potential
impact of policy and institutional reform in each of these
areas on public finance. |
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