Kingdom of the Netherlands—Aruba: 2021 Article IV Consultation Discussions-Press Release; Staff Report; and Staff Supplement

International Monetary Fund

No 2021/081, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: staff appraisal; budget proposal; staff analysis; tranche of financial support; debt sustainability risk; COVID-19; Tourism; Caribbean (search for similar items in EconPapers)
Pages: 73
Date: 2021-04-21
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