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Home Politics

Minister Geoffrey Wever a entrega e ley pa crea Fondo di Inversion na Parlamento

March 24, 2026
in Politics
Investment Fund

Investment Fund

32
VIEWS

On March 24, 2026, Minister of Finance, Economic Affairs, and Primary Sector, Mr. Geoffrey Wever, officially presented to the President of the Parliament of Aruba the draft law to establish an Investment Fund for Aruba, including the “Nader Rapport.” After the government prepared the law to create the Investment Fund, it was sent to the Raad van Advies for consultation on the draft. Upon receiving the Raad van Advies’s advice, the government finalized the “Nader Rapport,” which was then submitted to President of Parliament, Mr. Marlon Sneek. The Parliament will now study the law to create the Investment Fund and submit written questions to the government, which must be answered. Following that, the President of Parliament will set a date for the discussion of the Investment Fund law in the Parliament of Aruba.

The AVP-FUTURO Cabinet is fulfilling its commitment to establishing a Development Fund, as outlined in the 2025-2028 Governance Program.

Article 39 of the Accounting Law stipulates that a “budget fund” should be created through legislation. The Investment Fund is a government management tool that allocates public funds each year for investment in Aruba’s development.

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As a management tool, the Investment Fund will facilitate government investments. Priority areas for investment include improvements in all districts, education, the center of Oranjestad and San Nicolas, social housing, senior citizen homes, energy transition, and the development of land at the former refinery.

The government plays two key roles in Aruba’s development. While it facilitates the conditions needed to stimulate private sector investments, the government also has to make concrete investments. Public investments generate economic activities that provide private sector and international investors with the confidence and security to continue investing in all sectors of our economy. This is part of the AVP-FUTURO Cabinet’s vision and management approach to ensure the economic development benefits reach the community.

The AVP-FUTURO Cabinet extends its gratitude to the Departments of Legislation and Legal Affairs and Finance for their work on drafting the law and explanatory memorandum, which enabled Aruba to establish the Investment Fund. The creation of the Investment Fund is part of the collective effort to implement the 2025-2028 Governance Program. As agreed in the program, the AVP-FUTURO Cabinet is fulfilling this goal.

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