Kingdom of the Netherlands - Aruba: 2017 Article IV Consultation-Press Release and Staff Report
International Monetary Fund. Western Hemisphere Dept.
Jun 2017 · International Monetary Fund
Ebook
64
Pages
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About this ebook
Aruba’s economy has been in recession since mid-2015, mainly due to a temporary slowdown in tourism activity and fiscal consolidation. Short-term recovery in economic activity depends on timely implementation of refinery-related investments. Despite fiscal efforts by the authorities, public debt remains at around 85 percent of GDP, limiting fiscal space.
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