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Aruba Introduces Policy-Based Budgeting in 2027 Budget Proposal

July 7, 2026
in Business
2027 budget proposal
25
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ORANJESTAD (AAN) – Aruba’s Minister of Finance, Economic Affairs and Primary Sector, Geoffrey Wever, announced that the government has submitted the 2027 Draft Budget to the College Aruba financieel toezicht (CAft) for review as part of the legal budget approval process.

According to the minister, the 2027 budget marks a major step in modernizing Aruba’s public financial management by gradually introducing policy-based budgeting, a system that directly links government spending to policy objectives and measurable results.

The new approach is designed to improve transparency, accountability and parliamentary oversight by ensuring public funds are aligned with government priorities and expected outcomes.

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The budget follows the objectives outlined in the AVP-FUTURO 2025–2028 Government Program, focusing on sustainable public finances, strengthening purchasing power, stimulating economic growth, diversifying the economy and improving the well-being of Aruba’s residents.

For the first time, the budget also introduces a clearer classification of government revenue and expenditures, making it easier to understand how public funds are allocated and managed.

Economic forecasts included in the proposal project 4.1% nominal economic growth in 2027 and a 1% budget surplus, reflecting Aruba’s commitment to maintaining fiscal sustainability while continuing strategic investments.

Minister Wever said the budget is intended to create a more transparent, responsible and results-oriented government that uses public resources effectively for the benefit of the community.

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