The Minister of Finance, Economic Affairs, and the Primary Sector, Geoffrey Wever, announced that the Aruba Financial Supervisory Board (CAft) has given a positive review of Aruba’s 2025 budget, which was unanimously approved by Parliament on March 28th, 2025. This endorsement highlights the AVP-Futuro Cabinet’s commitment to prudent financial management and its efforts to strengthen purchasing power in Aruba.
CAft confirmed that the 2025 national budget complies with financial standards established by law, and praised the government for following many of its previous recommendations. According to CAft’s assessment, Aruba’s budget shows a financing surplus of Afl. 192 million, or 2.4% of the Gross Domestic Product (GDP), exceeding the required minimum 1% surplus for the collective sector.
In its review, CAft also emphasized the importance of continuing to strengthen the management of personnel expenses and formalizing a strategy to reduce external debt, ensuring long-term financial sustainability.
Minister Wever remarked: “This decision reaffirms our commitment to managing public finances responsibly and effectively—working with discipline to create room for improving purchasing power.”
CAft’s positive opinion on the budget highlights key aspects, including:
- The Afl. 250 monthly increase in the repair allowance for pensioners, effective May 1, will be implemented in a controlled and responsible manner, with a recommendation to apply an income test.
- Surpluses from institutions like AZV and SVB will be used to reduce debt effectively.
Minister Wever concluded: “We are committed to a disciplined approach and clear strategy to ensure Aruba remains financially strong and secure. I thank all public servants and institutions who continue to help Aruba move forward.” The Ministry of Finance will keep the public updated on major developments in the management of public finances.
