Kingdom of the Netherlands—Aruba: 2021 Article IV Consultation Discussions-Press Release; Staff Report; and Staff Supplement
April 21, 2021
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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.
Subject: 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
Pages:
73
Volume:
2021
DOI:
Issue:
081
Series:
Country Report No. 2021/081
Stock No:
1ABWEA2021001
ISBN:
9781513572833
ISSN:
1934-7685
