28/05/2026
ATIA Announces Support for HOFA Framework to Strengthen Aruba’s Financial Future
Oranjestad, Aruba - 28 May 2026 The Aruba Trade & Industry Association (ATIA), representing a broad cross section of the island’s private sector, today announced its support for the implementation of the HOFA (Houdbare Overheidsfinanciën Aruba) framework.
ATIA views HOFA as an important step toward securing long term fiscal stability, improving Aruba’s financial credibility, and creating a more predictable environment for business investment and economic growth.
“Aruba’s private sector depends on stability, transparency, and responsible financial management,” ATIA stated. “The HOFA framework provides the fiscal anchors needed to safeguard our economic future and strengthen confidence among investors, lenders, and international partners.”
ATIA highlighted several reasons for its support, including the potential for lower borrowing costs through access to Dutch AAA rated financing, greater predictability in government policy, and improved long term competitiveness for Aruba’s economy. The private sector is the driving force of Aruba’s economy, employing approximately 50,000 people across industries that support national prosperity. ATIA emphasizes that sustainable public finances are essential to protecting jobs, encouraging investment, and ensuring that Aruba remains an attractive destination for tourism and commerce.
ATIA also noted that HOFA is a temporary framework, designed to guide Aruba back to sustainable public finances and restore long term fiscal resilience. By establishing clear norms and expectations, HOFA provides the structure needed for Aruba to regain financial strength while ensuring that the measures remain time bound and focused on recovery.
While acknowledging that HOFA requires discipline and structural reforms, ATIA noted that the long term benefits outweigh the short term challenges. “A stable fiscal foundation is not only a government priority — it is a national priority,” the association said. “HOFA offers a framework that supports responsible decision making and strengthens Aruba’s resilience.”
ATIA reaffirmed its commitment to working collaboratively with government, social partners, and the broader community to ensure that Aruba’s economic future remains strong, competitive, and sustainable.
For more information, please contact: Aruba Trade & Industry Association (ATIA) [email protected]
