The ruling coalition led by the prime minister, Eugene Rhuggenaath of the Partido Antiá Restruktura, will face challenges in governing. It has only a slim legislative majority and a prolonged crisis in Venezuela presents a moderate risk to political stability on the island.
The Economist Intelligence Unit expects progress on fiscal consolidation and tackling corruption to be gradual and subject to opposition.
The Kingdom Council of the Netherlands will continue to provide fiscal supervision to Curacao and help the government to rein in fiscal imbalances. Despite Dutch support, a high public debt/GDP ratio (of over 50%) will continue to add an element of fiscal risk.
Country Report Curacao 4th Quarter
Political and economic outlook
Key changes since September 3rd
The quarter ahead
Form of government
Head of state
Main political organisations
Central bank president
Economic structure: Annual indicators
Economic structure: Quarterly indicators
Outlook for 2020-21: Political stability
Outlook for 2020-21: Election watch
Outlook for 2020-21: International relations
Outlook for 2020-21: Policy trends
Outlook for 2020-21: Fiscal policy
Outlook for 2020-21: Monetary policy
Outlook for 2020-21: Economic growth
Outlook for 2020-21: Inflation
Outlook for 2020-21: Exchange rates
Outlook for 2020-21: External sector
Outlook for 2020-21: Forecast summary