WILLEMSTAD - The General Audit Chamber has identified two major financial transactions that continue to obstruct Curaçao’s goal of obtaining a clean audit opinion on its national accounts for 2026.

In its comprehensive August 2025 report, the Chamber highlights unresolved accounting issues related to:

A NAf. 275 million debt the government owes to the Central Bank of Curaçao and Sint Maarten (CBCS) under the GI-RO Settlement Holding N.V. agreement; and

A NAf. 393.1 million loan granted to HNO Vastgoed en Beheer N.V., the company responsible for building and managing the new hospital.

Both items have been flagged by auditors in previous years for irregularities and insufficient documentation, yet remain uncorrected in the financial statements. The Chamber warns that unless these issues are formally resolved, they will continue to create legality and reliability errors that prevent auditors from issuing an unqualified opinion.

“These transactions must be regularized and fully documented to avoid further legality violations,” the report notes. It adds that the uncertainties surrounding the government’s receivables and asset classifications also continue to distort the accuracy of its balance sheet.

The findings form part of the Chamber’s broader conclusion that a clean audit for 2026 remains unrealistic. Out of 192 improvement projects identified under the Roadmap 2026 initiative, only 12 percent have been completed, and several key financial functions within ministries remain vacant.

The report reiterates that transparency and accountability must be restored at the core of Curaçao’s public finances. “As long as unresolved loans and debts remain off the books or undocumented, the country cannot claim to have full control of its financial administration,” the Chamber warned.