Press Releases

CAft: “As soon as possible a budget of Aruba”

Aruba's economy is recovering well. The number of people and businesses that make use of the support measures is decreasing. The Board of Aruba financial supervision (CAft) therefore presumes that these measures will be terminated in the fourth quarter of 2021. The CAft has not yet received the draft budget for 2022. It is necessary that Aruba takes measures to achieve a balanced budget in 2022, so in the following years it can start paying off the government debt, which was already very high before the start of the COVID-19 crisis. The CAft calls on the government to prepare the draft budget as soon as possible, in order for it to be adopted before December 15th this year.

Date

29/10/2021

Islands

Aruba