Following the collapse of the Ivar Asjes administration (2013-15) in August 2015, attempts to sustain a new multi-party governing coalition have suffered numerous reverses. An interim government under Bernard Whiteman of the Pueblo Soberano (PS) party survived just one month, and has had to be reformed following defections. This new caretaker government, which is still led by Mr Whiteman, will carry the country through to an election that is scheduled to be held on September 30th. The current coalition government holds 12 of the 21 seats in the Staten (the legislature), putting it in a stronger position than the Asjes administration, which had only a one-seat majority.
Adherence by the government to a reform agenda including unpopular changes to public pension entitlements and to the education and healthcare systems, along with tax reform, could easily be derailed by special interest groups. Furthermore, the coalition's ability to govern effectively will diminish as the general election approaches. The business environment will continue to be hampered by political and policy uncertainty. Risks also emanate from ongoing legal action concerning allegations of corruption and misuse of public funds. This affects the opposition Movementu Futuro Kòrsou (MFK) party in particular, owing to the conviction in March of its former leader, Gerrit Schotte-who served as prime minister in 2010-12-on bribery charges.