IMF Staff Country Reports

Kingdom of the Netherlands—Aruba: Staff Report for the 2001 Article IV Consultation Discussions

Publication Date:

September 7, 2001

Electronic Access:

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Summary:

The government’s plans to reform the tax system and administration are well founded. The Central Bank of Aruba is to be commended for its prudent management of monetary policy, as demonstrated by the continued credibility and strength of the peg to the U.S. dollar, buttressed by a robust foreign reserve position. There has been significant progress in expanding and strengthening the supervisory and regulatory framework of financial activities. Renewed initiatives on structural reforms will improve efficiency in the use of resources and attract strategic investment.

Series:

Country Report No. 2001/159

Subject:

Banking Commercial banks Economic sectors Financial institutions Imports International trade Monetary systems Money Public sector Revenue administration