The minister responsible for public finance is happy to comply with article V.12 of the Constitution to submit the next year's draft budget on time, before September 1 of the year before the budget year.
This year, the minister, once again, presented the draft budget in digital format to the President of Parliament and the registrar of Parliament, Mr. Herman Hek. It gives the legislators ample time to study the proposed budget thoroughly and prepare for the debates for its approval for the Government of Aruba to start in 2023 with the approved budget.
The minister stated that the draft budget is a team effort. She is grateful to the Department of Finance, Legal Affairs and Legislation, all other departments involved, her colleague ministers, and the budget coordinators of the ministries.
The draft budget for 2023 includes an income of 1532 million florins, expenses of 1557 million florins, a financial needs of 1414 million florins, and a fiscal deficit of 5 million florins, comprising 0.4% of the GDP.
The minister urged the President of Parliament to initiate the process of reviewing the proposed budget for 2023.