IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2025-315.html

Kingdom of the Netherlands-Aruba: 2025 Article IV Consultation Discussions-Press Release; and Staff Report

Author

Listed:
  • International Monetary Fund

Abstract

The 2025 Article IV Consultation with Netherlands—Aruba discusses that the economy grew strongly over 2021–24, driven by post-pandemic tourism, with an improved fiscal position and a declining debt-to-gross domestic product ratio. Among its policy priorities, the government aims to boost purchasing power, lower living costs, and increase compensation allowances for pensioners. Policies should leverage favorable economic conditions to reduce public debt, create fiscal space to support policy goals, maintain financial stability, and boost medium-term growth. The adoption of the new Kingdom Act offers an opportunity to strengthen fiscal rules and public financial management, make further progress on debt reduction, supported by revenue mobilization and expenditure efficiency measures to create space to support policy goals. Further strengthening the medium-term fiscal framework and improving oversight of state-owned enterprises is essential. Priorities include promoting higher value-added tourism with high shared value for the population; fostering development of non-tourism sectors for economic diversification; strengthening formal labor markets to offset the effects of demographics; and building resilience to sea level rise.

Suggested Citation

  • International Monetary Fund, 2025. "Kingdom of the Netherlands-Aruba: 2025 Article IV Consultation Discussions-Press Release; and Staff Report," IMF Staff Country Reports 2025/315, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2025/315
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=572146
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2025/315. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.