Minister of Finance, Economic Affairs, and the Primary Sector, Geoffrey Wever, signed the Landsbesluit finalizing the international capital market loan of $140 million placed by the Government of Aruba. The loan will refinance past debts and ensure Aruba meets all its financial obligations in December.
Minister Wever highlighted that reaching this financing involved a long and rigorous process, guided by the Finance Department with a strict focus on quality, credibility, and sustainable public finances. “The good news is that for the 31st time Aruba accessed the capital market, achieving the best spread in our financial history,” he said.
Aruba secured a spread of just 210 basis points—the lowest ever recorded by the country—demonstrating the strength of its public finances. This positive outcome reflects continuous debt reduction, budget surpluses, and a robust, resilient economy.
A key factor in market confidence is Aruba maintaining three investment-grade ratings from Standard & Poor’s, Moody’s, and Fitch. “The capital market recognizes Aruba’s efforts and confirms that we are a solid country for investment,” Minister Wever emphasized.
The loan also attracted new investors, including financial groups participating in an Aruba transaction for the first time, taking significant portions of the total financing. This strengthens Aruba’s position in the capital market and expands its international lender base.
The minister announced that Aruba’s account in New York has been funded with 140 million Florin, enabling the country to meet all its debts and financial commitments. “We are closing 2025 responsibly and opening 2026 with new projects, ideas, and opportunities for every citizen of Aruba,” Minister Geoffrey Wever concluded.
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