Kingdom of the Netherlands—Aruba: 2021 Article IV Consultation Discussions-Press Release; Staff Report; and Staff Supplement
IMF Staff Country Reports, April 21, 2021
Source details
- Canonical URL
- Kingdom of the Netherlands—Aruba: 2021 Article IV Consultation Discussions-Press Release; Staff Report; and Staff Supplement
Other formats
Bibliographic details
- Published: April 21, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513572833.002
Pandemic developments and public health
- Aruba managed to contain the pandemic in the first months of the outbreak but experienced a resurgence of new infections in the summer.
- The authorities’ swift response helped contain the human and economic damage.
Economic impact and sectors
- The economic impact of COVID-19 is particularly severe given Aruba’s high dependency on tourism.
- Despite swift policy actions, the measures could not avoid a severe GDP contraction.
Policy focus and thematic coverage
- Subject areas covered: Economic sectors, External debt, Fiscal policy, Health, International organization, Monetary policy, Public debt.
- Keywords: budget proposal, Caribbean, COVID-19, debt sustainability risk, staff analysis, staff appraisal, Tourism, tranche of financial support.
Content in this bundle
- 1abwea2021001