Oranjestad:--- Aruba’s economy is showing a swift recovery. It is expected that this year tourism will return to their pre-corona levels. It is necessary that Aruba now takes measures to drastically reduce the significant deficit in 2022 and achieve a surplus in 2023. This is required to reduce the government debt, which at the end of 2021 amounted to stood at AWG 5.7 billion. Expenditure restrictions and reforms that increase the economy's growth potential are essential in this regard. In particular, structural measures are needed to limit personnel costs.
2022 and 2023 Budget
According to the latest insights, the ...
