Dependence on the Netherlands for fiscal support is a source of uncertainty for Sint Maarten. Crime rates are high and the country’s sovereign credit has been downgraded. Excessive reliance on tourism caused a severe recession, given the impact of the Coronavirus (COVID-19) pandemic, whilst unemployment remains high. A small consumer market is also highly sensitive to changes in consumption. Robust mobile usage has translated into multiple subscriptions per capita, owing to rising investment.
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