CAft: “Take advantage of surplus to restore order in the basics”

Oranjestad – In recent years, Aruba has achieved considerable budget surpluses, and it reduced its debt ratio. Although these are positive developments, the Board of financial supervision of Aruba (CAft) emphasizes that the country must now seize the opportunity to implement structural reforms and to improve risk control. This is necessary to ensure government finance is in order and economic resilience of the country is guaranteed. The foundation for the spectacular growth is fragile, since the country is largely dependent on tourism.