Suriname: Staff Report for the 2012 Article IV Consultation

 
 
Publication Date: October 03, 2012
 
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Summary: The economy continues to recover at a steady pace, buoyed by strong  activity in the oil and gold sectors, as well as public investment. In the wake of the  January 2011 devaluation and concurrent increase in taxes, the fiscal balance shifted  from a deficit of 3 percent of GDP in 2010 to a surplus of 1 percent in 2011. The  balance of payment also strengthened significantly, boosting reserves to nearly  US$1 billion (5ΒΌ months of imports) at end-2011. With still-tight monetary conditions,  12-month inflation dropped to 3.6 percent in May 2012, from a peak of over  22 percent in April 2011.
 
Series: Country Report No. 12/281
Subject(s): Article IV consultation reports | Fiscal policy | Fiscal reforms | Monetary policy | Bank supervision | Financial sector | Economic indicators | Staff Reports | Public information notices | Suriname

 
English
Publication Date: October 03, 2012
ISBN/ISSN: 9781475511444/2227-8907 Format: Paper
Stock No: 1SUREA2012001 Pages: 56
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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