IMF Staff Country Reports

Suriname: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Extension of the Arrangement, Augmentation of Access, Modification of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Suriname

January 8, 2024

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Suriname: Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Extension of the Arrangement, Augmentation of Access, Modification of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Suriname, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Summary

Despite a very challenging socio-political environment, the authorities continue to prioritize fiscal discipline and macroeconomic stability in their policy actions. An agreement-in-principle at the technical level has been reached on the debt treatment with China that is in line with other creditors and consistent with debt sustainability objectives. The formal debt exchange with private external bondholders has been finalized in November with high participation rate.

Subject: Central Banks, Exchange rates, External debt, Foreign exchange, International organization, International reserves, Monetary base, Monetary policy, Money, Public debt

Keywords: Caribbean, Credit system Supervision Act, Exchange rates, Government fuel tax, International reserves, Monetary base, Profit and loss projection, Revised banking, State decree

Publication Details

  • Pages:

    117

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2024/006

  • Stock No:

    1SUREA2024001

  • ISBN:

    9798400265235

  • ISSN:

    1934-7685

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