CAft issues a positive recommendation on the second quarter implementation report.

The government submitted the implementation report to the CAft on August 8. Aruba thus meets the legal requirements: two implementation reports were submitted on time, no later than six weeks after the end of each quarter.

According to the CAft, the second implementation report paints a positive picture. Tax revenues are higher than expected. This results in a provisional financing balance of 364 million florins at the end of June 2025, equivalent to 5 percent of the country's gross domestic product. The CAft indicates that Aruba provisionally meets the standard for the financing balance and also the standard for personnel costs. The debt ratio of 72 percent remains well below the agreed debt reduction trajectory.

In the same advisory report, the CAft also indicates that investment implementation is lagging due to shortages in the construction sector resulting from continued economic growth, late budget approval, the complexity of some projects, and challenges in implementation capacity.

Based on the second implementation report, the CAft notes that there is additional room in the budget due to windfalls and underutilization of investments. In addition, there is an estimated surplus in the SVb and AZV funds. The CAft recommends using the surplus primarily for debt repayment.

The CAft advisory report on the second budget implementation report shows that Aruba is on track to meet the legally established budgetary standards. The CAft's recommendations are valuable in further improving the island's public finances in a transparent manner, according to Minister of Finance, Economic Affairs, and Primary Sector Geoffrey Wever.