15  Curaçao should develop a strategy aimed at transforming its economy to achieve a higher and more inclusive growth path. Structural reforms to improve the investment climate are therefore crucial. After all, a more enabling investment climate will unleash private investment, which is ultimately the driver of sustainable growth.
For this reason, the Governing Council has decided to use a relatively narrow corridor of interest rates on the standing facilities of the ESCB in the first three weeks of Stage Three as an automatic device to reduce the maximum range of fluctuations in the overnight interest rate.