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Author : International Monetary Fund
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (52 download)
Download or read book The Kingdom of the Netherlands--Aruba 2002 Article IV Consultation written by International Monetary Fund and published by . This book was released on 2003 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1452783225
Total Pages : 43 pages
Book Rating : 4.4/5 (527 download)
Download or read book The Kingdom of the Netherlands-Aruba written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-03-03 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2002 Article IV Consultation for the Kingdom of the Netherlands—Aruba highlights that after growing at more than 4 percent per year in 1996–2000, the Aruba economy experienced two years of retrenchment, with GDP falling an estimated 1.2 percent in 2001 and 3.8 percent in 2002. This downturn reflected a lull in investment activity, but especially weak tourism following the United States recession and the terrorist attacks of September 11, 2001. In 2003, sharply higher private and public investment and a modest revival in tourism should boost economic growth to more than 4 percent.
Author : Ajai Chopra
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (114 download)
Download or read book International Monetary Fund Kingdom of the Netherlands-Aruba written by Ajai Chopra and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.4/5 (2 download)
Download or read book Kingdom of the Netherlands—Aruba written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2023-07-27 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Aruban economy recovered to the pre-pandemic level of real GDP by 2022, supported by a robust rebound in tourism. The fiscal position has been improving but the debt-to-GDP ratio remains above the pre-pandemic level. The banking sector is well capitalized, liquid, and profitable. Restoring macroeconomic balance and bolstering medium-term growth are the principal policy tasks facing the authorities.
Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513572830
Total Pages : 73 pages
Book Rating : 4.5/5 (135 download)
Download or read book Kingdom of the Netherlands—Aruba written by International Monetary and published by International Monetary Fund. This book was released on 2021-04-21 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aruba managed to contain the pandemic in the first months of the outbreak but experienced a resurgence of new infections in the summer. The economic impact of COVID-19 is particularly severe given Aruba’s high dependency on tourism. While the authorities’ swift response has helped contain the human and economic damage, it could not avoid a severe GDP contraction.
Download or read book Kingdom of the Netherlands--Aruba, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 2005 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1451992971
Total Pages : 39 pages
Book Rating : 4.4/5 (519 download)
Download or read book Kingdom of the Netherlands—Aruba written by International Monetary Fund and published by International Monetary Fund. This book was released on 1999-07-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1999 Article IV Consultation highlights that Aruba’s real GDP grew at an annual rate of some 3 percent in 1998, while inflation remained subdued at about 2 percent. Comparable rates of satisfactory growth and low inflation have characterized the island’s development since the mid-1990s, following a period of double-digit growth when an investment boom in the hotel sector brought about the transformation of Aruba into a tourism-based economy. The outlook for satisfactory growth and low inflation had been threatened, however, by an undue relaxation of fiscal policy in 1996 and continued laxity through mid-1998.
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498318010
Total Pages : 69 pages
Book Rating : 4.4/5 (983 download)
Download or read book Kingdom of the Netherlands - Aruba written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2019-06-03 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2019 Article IV Consultation highlights that Aruba’s economic recovery continues, although at a slowing pace. The authorities have managed well the impact of the crisis in Venezuela through diversification of product markets and tourism sources. Nonetheless, a deepening of the crisis is a downside risk—mainly through a potentially sizable influx of immigrants and refugees. It is recommended to identify additional reform measures to achieve Aruba’s fiscal targets. These measures should involve a mix of revenue increases and expenditure restraint, and be prioritized, sequenced, equitable, and well-communicated to minimize implementation risks and ensure the measures’ durability. The government devised a reform agenda with fiscal consolidation as a key pillar. Additional measures are needed to achieve the authorities’ fiscal targets. The additional adjustment should contain a mix of tax reforms and expenditure rationalization. The fiscal measures in 2019 are expected to deliver a large upfront increase in revenues but it will be important to strike a balance between revenue increases and expenditure restraint in subsequent years.
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 148430439X
Total Pages : 64 pages
Book Rating : 4.4/5 (843 download)
Download or read book Kingdom of the Netherlands - Aruba written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2017-06-16 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aruba’s economy has been in recession since mid-2015, mainly due to a temporary slowdown in tourism activity and fiscal consolidation. Short-term recovery in economic activity depends on timely implementation of refinery-related investments. Despite fiscal efforts by the authorities, public debt remains at around 85 percent of GDP, limiting fiscal space.
Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1475582692
Total Pages : 51 pages
Book Rating : 4.4/5 (755 download)
Download or read book Kingdom of the Netherlands—Aruba written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-05-07 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Aruba has been recovering from a severe double-dip recession. The economy faced two major shocks over the past five years—the global financial crisis and shutdown of the Valero oil refinery in 2012. After a strong recovery in 2013 with growth reaching 4.75 percent, the pace of activity moderated in 2014. In 2015, growth is projected to rise to 2.25 percent. The tourism sector—the mainstay of the Aruban economy—is envisaged to grow, albeit at a slower rate. Moreover, domestic demand is slated to recover notably amid subsiding policy uncertainty and as key public-private partnership projects move forward.
Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 147556127X
Total Pages : 45 pages
Book Rating : 4.4/5 (755 download)
Download or read book Kingdom of the Netherlands written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-08-08 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2013 Article IV Consultation highlights that economic output in Aruba remains 12 percent below its pre-crisis level, with recovery slower than others in the Caribbean region. The non-oil current account (CA) balance, which mostly reflects developments in the tourism sector, has improved since mid-2000 reaching a balanced position in 2012. The overall CA balance, however, after being in surplus for years, showed volatilities in recent years reflecting oil-sector developments. In 2012, it recorded a surplus of 5 percent of GDP. In 2013, real output is projected to grow by 11⁄4 percent. Robust tourism growth and some pickup in consumption from projected deflation will support the subdued near-term recovery.
Download or read book Kingdom of the Netherlands-Aruba written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund Staff
Publisher :
ISBN 13 : 9780119872392
Total Pages : 49 pages
Book Rating : 4.8/5 (723 download)
Download or read book Kingdom of the Netherlands written by International Monetary Fund Staff and published by . This book was released on 2001 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kingdom of the Netherlands
Author : International Monetary Fund
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (114 download)
Download or read book Kingdom of the Netherlands-Aruba: 2001 Article IV Consultation-staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of the Kingdom of the Netherlands-Aruba written by International Monetary Fund and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (247 download)
Download or read book Kingdom of the Netherlands - Aruba written by and published by . This book was released on 1999 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary Fund
Publisher :
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4.:/5 (12 download)
Download or read book Kingdom of the Netherlands - Netherlands written by International Monetary Fund and published by . This book was released on 2005 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4.:/5 (248 download)
Download or read book Kingdom of the Netherlands--Aruba, 2001 Article IV Consultation written by and published by . This book was released on 2001 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
