Republic of Naoero — Official Government Website

Republic of Naoero

Department of Finance

Budgets & Fiscal

Performance Reports

Quarterly reporting against the appropriated budget — revenue, expenditure, and the resulting surplus or deficit, each fiscal quarter.

Q1 Latest

A$365.0M

Q1 2026-27

Revenue against A$360.0M expenditure — surplus A$5.0M

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Q3 2025–26 Budget Performance Report

Third quarter performance report comparing actual expenditure and revenue against the 2025–26 budget.

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Q4 2025–26 Budget Performance Report

Fourth quarter performance report comparing actual expenditure and revenue against the 2025–26 budget.

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In-Year Budget Performance

The latest in-year budget performance, updated each quarter from the Budget Performance publication.

Revenue

A$365.0M

Q1 2026-27

Expenditure

A$360.0M

Q1 2026-27

Surplus

A$5.0M

Q1 2026-27

GDP growth

2.3%

2026-27

Financial Position

A snapshot of Government cash reserves, the Intergenerational Trust Fund, debt levels, and net financial worth.

🏦

Intergenerational Trust Fund

AUD $300.7M

Target $1B+ by 2034

Govt contribution $24.3M this FY

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💰

Cash Reserves

AUD $148.7M

2+ months operating buffer

$35.8M held in dedicated reserve accounts

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📉

Public Debt

AUD $6.5M

2.3% of GDP — low debt risk

Aircraft loan prepaid in May 2026

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📊

Net Financial Worth

204.9%

of GDP — projected to 288% by 2032

Fiscal surplus $0.2M (0.1% of GDP)

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