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Weak Financial Controls Persist Despite Reform Roadmap

Local | By Correspondent December 10, 2025

 

WILLEMSTAD – Persistent weaknesses in Curaçao’s public financial management continue to delay progress toward a clean audit opinion, despite years of reform efforts under the so-called Roadmap for Financial Management Improvement.

The Financial Management Report acknowledges delays across multiple reform trajectories due to staffing shortages, lack of prioritization at ministerial level, and insufficient capacity to manage improvement projects alongside daily operations.

The Ministry of Finance has now ordered a recalibration of the Roadmap, with tighter focus, additional technical assistance, and stronger executive steering. A revised action plan is expected to be completed and approved by the government before the end of December 2025.

The government concedes that technical fixes alone will not be sufficient and emphasizes that lasting behavioral change across all administrative levels is necessary to achieve sustainable financial discipline.

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