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WILLEMSTAD – Curacao’s Prime Minister Gilmar Pisas wants to get out of the monetary union with St. Maarten and establish a separate Central Bank in Willemstad.
Pisas sent a letter to parliament with the request to reconsider the monetary union, the Antilliaans Dagblad reports. He also wants to debate the option to set up a Central bank for Country Curacao.
Pisas invited the Central Committee to take a position on the issue. With its opinion as backup, Pisas intends to begin discussions with St. Maarten about the future of their monetary arrangement.
On February 13 2026, the parliament in Curacao declared that the monetary union with St. Maarten is “an unsuccessful example of cooperation between countries in the kingdom.”
Pisas writes in his letter that a separate Central Bank will have no effect on the stability of the Caribbean guilder or on the effectiveness and continuity of monetary supervision and on the functioning of the financial system.
Cooperation between Curacao and St. Maarten in the Central Bank has never been without conflicts. Currently the debate rages on about the appointment of a new chairman for the bank’s supervisory board.
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