The topic of the Rijkswet HOFA has been widely discussed in recent months, as political parties in Aruba remain divided on whether the proposed Kingdom law would benefit the island or not. The law is of great importance because it directly affects the future of Aruba’s financial autonomy.
During a recent public parliamentary session, Member of Parliament Evelyn Wever-Croes once again explained what the law truly entails. According to her, Aruba now stands at a critical turning point in its history — a moment to choose between continuing on the path of autonomy and dignity or allowing another government, in this case the Netherlands, to make decisions on the island’s behalf.
Wever-Croes emphasized that while the law contains certain improvements over current financial regulations, it also includes articles that violate Aruba’s constitution and pose serious risks to both the country and its citizens. She warned that although the law might result in lower interest rates and more funds in the government’s treasury, Aruba would lose the right to decide how to use those funds.
Photo Credits : https://diario.aw/categories/noticia/politica/rijkswet-hofa-ta-duna-mas-poder-na-hulanda-pa-manda-riba-finansas-di-pais-aruba
