Page 15 - ARUBA BANK
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Central ta bisa enfaticamente, manera cu nos a splica na inicio, cu esaki no ta e caso. Si

               bo kita 200 florin for di un minimumloner na aumento di su gastonan y dune 25 florin di

               compensacion ta logico e a perde porlomenos 175 pa luna. Esey ta locual ta mira for di

               aumento di e pakete di bestaansminimum di Central Bureau Statistieken y awor ta worde

               bisa enfaticamente dor di Banco Central:  “levy introduced in July 2018 and further

               amplified by the January 2019 increase in excises on alcohol appear to outweigh the

               positive effects of the lowering of the income and wage tax”.









































               E modelo di medida aki a hinca Aruba awor den un recession segun e ultimo cifranan di

               Banco Central caminda ta bisa cu economia a cai awor den cifranan negativo pa 2019:

               “The projection of weak consumption is reflected in the minor growth in both the BBO
               revenue and the labor market.  Moreover, the Consumer Confidence Index, which

               decreased in the third quarter of 2019 after consecutive declines in the first and second

               quarters of the year, is indicative of relatively pessimistic consumer sentiment”. Banco
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