PHILIPSBURG:--- The General Audit Chamber has released its report on the 2025 financial statements of the General Pension Fund Sint Maarten (APS).
The findings show that APS closed 2025 with a positive result of XCG 27.1 million, compared to XCG 43.2 million in 2024. The coverage ratio improved from 114.1% to 116.2%. Overall investment return increased to 9.23%, while the international investment portfolio returned 15.95%.
The Audit Chamber notes that local investments continue to require attention. The domestic investment portfolio returned 2.65%, down from 3.36% in 2024. Several local projects continue to face delays, generate limited income, and have uncertain future development.
The Audit Chamber concluded that APS's 2025 financial statements provide a true and fair representation of its financial position and results. The report is available on the General Audit Chamber website (www.arsxm.org).