Tourism Will Drive Growth Acceleration

BMI View: Aruba's economic outlook has improved due to robust growth in tourist arrivals, a trend we expect to continue in the coming years . Investment will grow for the first time in three years in 2015 due to an expansion in tourism related infrastructure .Economic growth in Aruba will accelerate in 2015 on the back of rising private consumption, supported by tourism, and a recovery in gross fixed capital formation (GFCF). After Valero shut down their refinery facility on the...

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