Home » Latest News » CAft chairman Raymond Gradus: ”The financial situation of Aruba is of concern; compliance with the LAft norm 2018 getting out of sight”

CAft chairman Raymond Gradus: ”The financial situation of Aruba is of concern; compliance with the LAft norm 2018 getting out of sight”

ORANJESTAD – The year 2017 is expected to be closed with a financial deficit of 3.1% GDP. According to the National Ordinance on temporary financial supervision (LAft) a financial deficit of 0.5% is allowed. In order to be able to comply with its responsibilities, Aruba has taken out additional loans to the amount of AWG […]