IMF Staff Country Reports

Suriname: 2009 Article IV Consultation—Staff Report; Statement by the Staff Representative; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director

Publication Date:

February 19, 2010

Electronic Access:

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Summary:

This 2009 Article IV Consultation highlights that economic activity weakened in Suriname in 2009 in the context of lower alumina and oil prices and a sharp output decline in the alumina sector. However, economic growth is estimated to have remained positive at 2.5 percent, supported by buoyant activity in the gold and construction sectors. Inflation has fallen sharply. Executive Directors have welcomed the authorities’ decision to postpone the reduction in the corporate tax rate, as this would adversely affect tax collections.

Series:

Country Report No. 2010/044

Subject:

Bank deposits Banking Civil service Commercial banks Economic sectors Financial institutions Financial services Labor Public debt Public sector