The coalition government-led by the Partido Antiá Restrukturá (PAR) and including two minority partners, the Partido MAN (MAN) and the Partido Inovashon Nashonal-will find it difficult to overcome the political volatility of recent years. In particular, differences with the opposition over the influence of the Dutch government on internal affairs and economic policy will hamper governability and political stability. Against a fractious political backdrop, the coalition's narrow majority will also preclude consensus on policies, given that the alliance only controls 12 of the 21 seats in the Staten (parliament). Although the prime minister, Eugene Rhuggenaath of the PAR, enjoys a stronger position than the previous coalition that collapsed in 2017, divisions over the country's policy direction and its fragmented political landscape will undermine political stability and engender periodic flare-ups.

Corruption scandals and their consequences will also continue to aggravate the political landscape. In recent years the political establishment has been rocked by corruption allegations, including accusations of financial malpractice against the former president of the Centrale Bank van Curaçao en Sint Maarten (CBCS, the Curaçao and Sint Maarten joint central bank), Emsley Tromp. In addition, Gerrit Schotte, Curaçao's first prime minister (2010-12) and founder of the main opposition party, the pro-independence Movementu Futuro Kòrsou (MFK, which has five parliamentary seats), was convicted on bribery charges in 2016 and given a three-year jail term and a five-year ban from public office. Mr Schotte continues to exert significant political influence as MFK leader.

As the economic crisis persists in Venezuela, immigration from that country will continue to pose a risk to stability. Refugees International, a US-based non-profit organisation, estimates that there are more than 10,000 undocumented Venezuelans in Curaçao (equivalent to about 7% of its population). The influx of Venezuelans may also strain the public finances and undermine the government's efforts to bolster its feeble fiscal position, heightening the risk of political tensions surrounding government spending. A lack of consensus on the treatment of Venezuelans on the island will be a source of political friction. Governability may also be complicated by special interest groups, which could derail proposed changes to public pension entitlements, as well as reform of the education and healthcare systems.