THE HAGUE – A Dutch evaluation report has raised concerns about the long-term sustainability of economic and institutional development within Curaçao and the wider Caribbean part of the Kingdom.
The report concludes that while Dutch financial interventions and supervision mechanisms have helped stabilize public finances, deeper structural reforms and institutional strengthening have progressed only partially.
Researchers noted that long-term economic development goals have often not been achieved, partly because implementation capacity within local governments remains limited and projects frequently suffer delays due to political changes and administrative instability.
The evaluation also highlights concerns about the Kingdom’s ability to respond effectively to future economic shocks. According to the report, current financial supervision rules leave limited room for anti-cyclical economic policies during crises because of the strong focus on balanced annual budgets.
Dutch authorities stated in the report that future support for Curaçao, Aruba and Sint Maarten will continue focusing on improving financial governance, institutional resilience and sustainable economic management.
The report forms part of a broader Dutch review of Kingdom governance and policy effectiveness.