Suriname

Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Suriname

Author: International Monetary Fund. Western Hemisphere Dept.

Suriname: Fifth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report

Volume/Issue: Volume 2024 Issue 097

Publication date: April 2024

ISBN: 9798400272882

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Topics covered in this book

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Banks and Banking , Exports and Imports , Money and Monetary Policy , Public Finance , International - Economics , Surinamese authorities , investor confidence , assessment power , state decree , governance agenda , recapitalization plan , Arrears , International reserves , Exchange rates , Monetary base , Caribbean

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Summary

The authorities’ commitment to fiscal discipline and macroeconomic stability is paying off. The economy is growing, inflation is on a steady downward trend, investor confidence is improving, donor support is increasing, and S&P has upgraded Suriname’s credit rating. A debt restructuring agreement with EXIM China has been signed by both parties.