Kingdom of the Netherlands—Aruba
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 50 |
Release | : 2001-09-07 |
ISBN-10 | : 9781451800067 |
ISBN-13 | : 1451800061 |
Rating | : 4/5 (67 Downloads) |
Download or read book Kingdom of the Netherlands—Aruba written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-09-07 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government’s plans to reform the tax system and administration are well founded. The Central Bank of Aruba is to be commended for its prudent management of monetary policy, as demonstrated by the continued credibility and strength of the peg to the U.S. dollar, buttressed by a robust foreign reserve position. There has been significant progress in expanding and strengthening the supervisory and regulatory framework of financial activities. Renewed initiatives on structural reforms will improve efficiency in the use of resources and attract strategic investment.