IMF Staff Country Reports

Kingdom of the Netherlands—Aruba: Selected Issues and Statistical Appendix

Publication Date:

June 15, 2005

Electronic Access:

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Summary:

This Selected Issues paper and Statistical Appendix for the Kingdom of the Netherlands—Aruba underlies long-term growth and fiscal sustainability. Aruba’s fiscal position has been deteriorating since the turn of the century, and the medium-term fiscal sustainability analysis shows a continuous weakening ahead of population aging. An upfront and ambitious fiscal consolidation, significantly lowering the deficit and reducing the level of public debt, seems necessary. On the pension front, measures could include increasing the mandatory retirement age and expanding the contribution base.

Series:

Country Report No. 2005/203

Subject:

Aging Financial services Fiscal policy Fiscal stance Labor productivity Population and demographics Production Public debt Real interest rates