Every year, during the annual meetings with the IMF, the Minister of Finance requests the cooperation of the IMF to assist Aruba in various tasks.
During the past years, the IMF has been providing technical assistance to Aruba, namely in fiscal reform, personnel costs and budget management. The IMF also provides different courses to Aruba. Minister Maduro requested the assistance of Aruba in the formulation of a debt management strategy to organize the payment of the external debt of Aruba responsibly.
The Minister also met with the representative of the Kingdom of the Netherlands, Paul Hilbers, on the same day. They reviewed Aruba’s requests for assistance from the IMF, discussed Aruba’s situation, and the results of the financial and economic evaluation of Aruba as stated in the IMF Article IV Mission.