Prime Minister James Marape has personally visited the National Superannuation Fund (Nasfund) to thank its senior management and staff for delivering an outstanding financial performance for 2025 and ensuring strong returns for its members.
Nasfund reported a record Net Profit After Tax of K1.08 billion for the 2025 financial year, with its Net Asset Value exceeding K9.45 billion.
The Fund also declared a 13 percent interest rate for its over 744,213 members, reflecting its continued commitment to growing member contributions.
On Monday, 23rd March 2026, Prime Minister Marape visited the Nasfund management and acknowledged the role of superannuation funds in strengthening the economy and improving the lives of ordinary Papua New Guineans.
Prime Minister Marape emphasized that institutions like Nasfund and other super funds play a critical role in supporting economic participation, enabling citizens to build wealth, access housing, and contribute meaningfully to national development.
He also highlighted housing as one of the most effective ways for citizens to build and retain wealth, noting that superannuation savings can empower families and provide long-term financial security.
Prime Minister Marape reaffirmed his government’s commitment to working with institutions like Nasfund to ensure economic growth is inclusive and benefits all Papua New Guineans.
“The government is focused on maximizing returns from the country’s resources, strengthening investment policies, and creating more opportunities for citizens to participate in the economy.
“Once again, congratulations on a significant performance, and we appreciate the crediting rate to our members, who are our hardworking citizens in the private sector.
“The government would also like to acknowledge the private sector and the companies that have contributed on behalf of their employees.”
“You all make our economy grow, and we appreciate your efforts. And to the contributors, keep saving so you can retire with good financial backing when you leave work,” said Prime Minister Marape.
Prime Minister Marape also pointed to the importance of long-term planning, stating that the country’s economic outlook over the next decade remains positive, with major projects and investments expected to drive growth and create opportunities.
Nasfund Board Chairman Christopher Elphick highlighted that, across the world, strong and sustainable economies are driven by consistent growth in income and capital, particularly within the middle class.
Mr. Elphick emphasized that Nasfund operates within a strong legislative framework and remains focused on delivering value to its members through strategic investments.
He added that the Fund continues to work closely with the government to ensure its investments contribute positively to national development while safeguarding members’ savings.
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Nasfund expressed optimism about the future, noting that it is committed to creating an enabling economic environment, strengthening partnerships, and delivering long-term benefits for its members over the next decade.