How was the national treasury managed last year? It is now clear. On Thursday, Naalakkersuisoq for Finance, Aqqaluaq B. Egede (IA), presented the national treasury's accounts to Inatsisartut.
Last year, the National Treasury had a deficit of 109 million kroner on operations and construction. A larger deficit was budgeted. However, the result was, even though it was a deficit, 25 million kroner better than budgeted.
The National Treasury also had a deficit of 257 million kroner in 2024.
Several party spokespersons say that deficits for two years in a row show that the economy is worrying. Naalakkersuisoq for Finance shares these concerns.
- It has been said that the situation is worrying, and I agree with that. That is why we need to implement reforms, says Aqqaluaq B. Egede.
The accounts show that the independent auditors from BDO have approved the accounts without any significant comments.
Decreasing liquidity
Although the treasury's deficit in 2025 was smaller than in 2024, the cash reserves have decreased. The goal is always that the cash reserves should be at least around 700-800 million. This year, only half of that remains.
Cash reserves, which in 2024 were 695 million kroner, have now decreased to 433 million kroner.
Naalakkersuisoq says that the financial decline of the national treasury in recent years has meant that election campaign promises and other initiatives cannot be realized.
- The debate shows that we cannot afford all the many promises. It is clear that the number of elderly people is increasing, while the number of economically active people is decreasing, says Aqqaluaq B. Egede.
The case has been forwarded for consideration by the audit committee in connection with the second reading. The case will be second read in the autumn.
