ORANJESTAD (AAN) – On Thursday, the Minister of Finance, Economic Affairs, and Primary Sector, Mr. Geoffrey Wever, officially launched the process for preparing Aruba’s 2027 national budget.
Together with the Department of Finance, all relevant information has been distributed to the departments that fall under the Ministry of Finance, Economic Affairs, and the Primary Sector. This marks the formal start of the budget preparation cycle.
To coordinate and prioritize policy objectives for 2027 in accordance with legally established budgetary rules, the Department of Finance presented the “Budget Regulations and Guidelines” manual. This document outlines the required submission deadlines that all departments must follow under the law. The objective is for the Parliament of Aruba to receive the 2027 Budget on time, before the beginning of September 2026.
The 2027 Budget will be the first government budget to fully apply the concept of “policy-based budgeting.” This approach means that, alongside policy priorities, the government will clearly present the costs associated with implementing each policy. This represents an important step toward responsible and sustainable financial management, enhancing transparency in how government revenues are allocated to support Aruba’s development.
During the information session, Minister Wever emphasized the importance of strong cooperation and effective communication between ministries and their departments to ensure that the 2027 Budget reflects the policy priorities of the AVP–Futuro Cabinet and complies with all legal budgetary standards.
Minister Wever also expressed his appreciation to the Department of Finance for coordinating the overall process of drafting the 2027 Budget.
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