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

June 15, 2005

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Kingdom of the Netherlands—Aruba: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2005) accessed November 21, 2024

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.

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

Keywords: Africa, Aging, Aruba, CR, Fiscal stance, General Old Age pension scheme, IMF projection, IMF staff estimate, Interest cost, ISCR, Labor productivity, Public finance, Real interest rates, Worker GDP

Publication Details

Pages:

29
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/203
Stock No:

1ABWEA2005001
ISBN:

9781451800081
ISSN:

1934-7685

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