Curaçao Fails to Meet Targets for Clean Audit by 2026, Says General Audit Chamber

 

WILLEMSTAD - The General Audit Chamber of Curaçao has concluded that the government will not achieve a clean audit opinion on its 2026 financial statements, despite years of improvement programs. In its latest report, issued on August 18, 2025, the Chamber warns that the vast majority of ministries are falling behind on essential financial reforms.

According to the “Roadmap 2026” — a plan approved by the Council of Ministers to correct long-standing weaknesses in government financial management — only 12 percent of the 192 planned improvement projects have been completed. Another 49 projects are still awaiting review, and none of the nine ministries are currently on schedule.

The report also reveals that critical financial positions remain vacant, causing delays across ministries. Even though some progress has been made in internal control systems, their effectiveness has yet to be tested, leaving the state’s financial administration unreliable.

The Audit Chamber concludes that “a clean audit opinion for the 2026 financial year is not achievable.” It notes that Article 47 of the National Financial Supervision Act continues to be misapplied by ministries, leading to recurring legality errors in public spending.

The Chamber recommends that the government prioritize high-impact improvement projects, fill key financial vacancies, and ensure that new control procedures are properly tested for effectiveness before the next audit cycle. 




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