AGP Executive Report
Last update: 2 hours agoGrowth Outlook: The IMF projects Aruba’s economy to grow 3.7% in 2026, among the strongest forecasts for Caribbean tourism-dependent economies. Airport Operations: New ground-handling agreements with Swissport and GenAir take effect in January 2027, updating the framework for services at Queen Beatrix International Airport. Infrastructure & Housing: The government has outlined Afl. 15 million in infrastructure projects for San Nicolas, Oranjestad and Noord, alongside affordable-housing measures. Energy Investment: Wärtsilä will supply WEB Aruba with a 35 MW/70 MWh battery and energy-management system, with handover expected in 2028. Tourism Links: JetBlue marked 20 years of nonstop New York–Aruba service, with flights also connecting the island to Boston and Fort Lauderdale. Public Finances: MEP says the newly approved investment fund has a Afl. 26 million shortfall between proposed projects and available cash, and objects to what it calls inadequate parliamentary oversight. Business Costs: The United Merchants Association is urging scrutiny of fuel taxes and market competition, saying government taxes account for about 40% of fuel spending.
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