The territorial or island government is responsible for territorial affairs. The executive power is held by the governor, prime minister, and cabinet. The governor represents the king of the Netherlands, and is appointed by the king to a maximum of two six-year terms.
The governor is not part of the cabinet and has no political responsibilities, but plays an important role in the formation of the cabinet. The prime minister and deputy prime minister are elected to four-year terms by the Staten. The prime minister chairs the cabinet, is responsible for the formulation of government policies, and advises both the governor and king on the country's affairs.
The prime minister, in consultation with the governor, appoints ministers to the various cabinet positions. Legislative power rests with the Parliament and government. The legislature, referred to as Estates of Curacao, is made up of 21 members who are elected to four-year terms by popular vote. The parliament was established in October upon the dissolution of the Netherlands Antilles.
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The portal includes election data and resources for the public, teachers, students, and researchers. Learn more about the court. Among its most vital pillars of the local economy are trade and shipping, logistic and dry dock services, international financial services, oil refining, and tourism.
The official selling rate for other currencies is set daily on the basis of their rate of exchange with the US dollar. The Central Bank is responsible for control and regulation of the banking and insurance businesses and trust services providers on the island. The supervision is executed in close cooperation with the Central Bank of The Netherlands. Public education is based on the Dutch educational system, with Dutch as the official language of instruction.
The island additionally offers higher education at its offshore medical school, language schools and academies for fine art, music, police, teacher and nurse-training. Learn more about higher education institutions.
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