Caft: Use The Momentum To Make The Economy More Resilient
Oranjestad The economy of Aruba is growing in a prosperous way. The public finances are showing a positive image as well. It is important that Aruba uses its current financial position to structurally put its government finances in order and make the economy more resilient. In this regard a prudent budgetary policy remains as important as ever, considering the high interest expenses. Structural reforms in the social security and the labor market ensure greater resilience.
Debt reduction
The budget for 2024 was adopted on time and it amply meets the central budget standard of a surplus of at least 1 percent of the Gross Domestic Product (GDP) for the year 2024 as well as multi-annually Read more
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