Oranjestad:--- The economy of Aruba is recovering well. In the months of April and May, tourism has surpassed the pre-corona level of 2019. Aruba has to utilize this period of recovery to put the budget in order. It is necessary that Aruba follows the recommendations the CAft made with regard to the adopted 2022 budget, limits the deficit to 2022, and achieves a surplus of 1 percent of GDP on its budget as of 2023. Reducing the government debt of AWG 5.9 billion (about 104% of GDP) to an acceptable level remains an important issue. In addition, reforms need ...
To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/40712-caft-debt-sustainability-aruba-now-asks-for-action.html
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