Council of State Demands Respect for Aruba's Autonomy and Clarity on Loans - EA News Aruba
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Council of State Demands Respect for Aruba's Autonomy and Clarity on Loans - EA News Aruba
Summary:
- A advisory report from the Advisory Division of the Council of State of the Kingdom critiques Aruba’s proposed new kingdom law on financial supervision and refinancing of loans. It warns that the law could threaten Aruba’s autonomy and reduce transparency in Netherlands-Aruba financial arrangements.
- Key concerns:
- Autonomy: The Council urges the Kingdom Government to be highly restrained in restricting Aruba’s legislative powers. Any limitations must be strict
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