ORANJESTAD (AAN) – Aruba has received a positive economic signal as Moody’s Ratings upgraded the country’s outlook from “Stable” to “Positive,” while maintaining its credit rating at Baa3.
According to Geoffrey Wever, the decision reflects growing international confidence in Aruba’s economy and confirms that the country is moving in the right direction.
The report highlights that Aruba continues to reduce its national debt, which is expected to approach 50% of GDP by 2031, faster than previously anticipated. Moody’s also recognized the government’s disciplined approach to post-COVID-19 recovery, prioritizing debt repayment and strengthening financial reserves.
There is also a real possibility of a future rating upgrade, provided Aruba maintains fiscal discipline and continues implementing structural reforms. The potential approval of the HOFA law is seen as a factor that could further strengthen fiscal oversight and reduce borrowing costs.
Aruba’s economy shows strong growth, supported by tourism investments and international reserves exceeding 40% of GDP. According to Wever, the outlook change confirms that Aruba is progressing with responsibility and long-term vision.
The government views this development as a positive signal to continue its economic strategy, strengthen investor confidence, and build a more resilient economy for the future.
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