MOVEMENT FOR ADVANCEMENT OF THE PEOPLE [MAP] In The News DEC 2016Source: Today SXM

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Source: 721 News
11 Dec 2016 11:49 PM

Caft Chairman Age Bakker: “Keep Doing The Utmost To Meet Deficit Norms”

ORANJESTAD, Aruba – During a recent visit to Aruba, the Board of Financial Supervision for Aruba (CAft) indicated that the utmost must be done in order to meet the maximum acceptable deficit norm.

At this moment, particularly the indirect tax income is lagging well behind under the influence of low economic growth. In contrast, the reopening of the oil refinery will result in additional income for the government. The estimated direct tax revenue of Aruba for 2018 represents a 22% rise Read more


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