Aruba’s fiscal outlook includes a strong 2027 surplus and declining public debt, but CAft says planned investment remains too limited for the country’s infrastructure and development needs.
Surplus and debt outlook remain positive
According to NoticiaCla’s report on the financial supervisor’s assessment, the collective sector is projected to record a 2027 surplus of Afl. 203 million, equal to 2.3 percent of gross domestic product. Collective debt is projected at about Afl. 4.568 billion, or 53 percent of GDP, at the end of 2027 and could fall to roughly 39 percent by 2031.
CAft also noted that around 15 cents of every florin collected by the government would go to interest payments in 2027. It warned that an aging population could add pressure to AZV and SVb.
Investment fund plan still incomplete
The supervisor described Afl. 3.5 million in direct budget investment as marginal. A further Afl. 11 million is reserved for the General Investment and Development Fund, known as AIOF, but the fund is not yet operational and lacks a clear multiyear project plan.
CAft asked Finance Minister Geoffrey Wever to submit the AIOF budget and a multiyear investment plan before the 2027 budget reaches Parliament. The new figures add detail to the earlier positive budget advice and sharpen concern about Aruba investment planning.
Source: NoticiaCla.
