Kingdom of the Netherlands-Aruba: 2015 Article IV Consultation Discussions-Staff Report; And Press Release

Author:   International Monetary Fund Euro Dept
Publisher:   International Monetary Fund
ISBN:  

9781484373668


Pages:   51
Publication Date:   07 May 2015
Format:   Electronic book text
Availability:   In stock   Availability explained
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Kingdom of the Netherlands-Aruba: 2015 Article IV Consultation Discussions-Staff Report; And Press Release


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Overview

This 2015 Article IV Consultation highlights that Aruba has been recovering from a severe double-dip recession. The economy faced two major shocks over the past five years the global financial crisis and shutdown of the Valero oil refinery in 2012. After a strong recovery in 2013 with growth reaching 4.75 percent, the pace of activity moderated in 2014. In 2015, growth is projected to rise to 2.25 percent. The tourism sector the mainstay of the Aruban economy is envisaged to grow, albeit at a slower rate. Moreover, domestic demand is slated to recover notably amid subsiding policy uncertainty and as key public-private partnership projects move forward.

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Author:   International Monetary Fund Euro Dept
Publisher:   International Monetary Fund
Imprint:   International Monetary Fund
ISBN:  

9781484373668


ISBN 10:   1484373669
Pages:   51
Publication Date:   07 May 2015
Audience:   General/trade ,  General
Format:   Electronic book text
Publisher's Status:   Active
Availability:   In stock   Availability explained
We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately.

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