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- Aruba Real Estate Summit a pone foco riba desaroyo responsabel den sector inmobiliario
- Trahadornan di Arubus ta exigi fecha y solucion concreto pa salario
- Dos detencion mas den investigacion di tiramento na Mandolinstraat
- AHATA ta promove medidanan pa proteha trahadonan contra calor intenso
- Hulanda lo studia preclearance Europeo pa biahe entre Aruba y Europa
Wever: 2027 budget submitted on time with Afl. 84.1 million surplus
ORANJESTAD – Finance Minister Geoffrey Wever has announced that Aruba’s 2027 budget was submitted to Parliament within the legal deadline and complies with the financial standards established by law.
The budget projects a surplus of Afl. 84.1 million for the Country of Aruba, equal to 1% of GDP. At collective-sector level, the projected surplus exceeds Afl. 203 million, or 2.4% of GDP. CAft assessed the draft budget positively and concluded that it complies with the applicable financial standards.
The government expects nominal economic growth of 4.1% in 2027, with GDP projected at approximately Afl. 8.4 billion. Investment is expected to be the main driver of growth.
Collective-sector debt is projected to fall from 59% of GDP in 2026 to 54% in 2027. According to Wever, lower debt and reduced interest costs will create more room for investment and support for the community.
The 2027 budget includes funding for pensions and the Reparatietoeslag and supports priorities such as purchasing power, entrepreneurship, economic diversification, agriculture, the blue economy, fintech, renewable energy, the creative industry and revitalization of Oranjestad and San Nicolas.
The government is also gradually introducing policy-based budgeting, aimed at linking public spending more directly to policy priorities and measurable results.
According to Wever, financial discipline is not an end in itself, but the foundation for continued investment in Aruba’s economy, well-being and future.