Suriname: Recent Economic Developments

IMF Staff Country Reports, August 13, 1997

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Bibliographic details

• Published: August 13, 1997
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451835229.002

Summary findings

• Coverage period: 1994–96.
• Major turnaround in Suriname’s economic and financial situation occurred in 1995.
• Inflation fell further to less than 1 percent in 1996.

Principal drivers of the 1995 turnaround

• Restoration of financial discipline.
• Strengthening of international bauxite prices.
• Unification and subsequent stabilization of the exchange rate.

Context and background

• The turnaround followed expansionary fiscal and monetary policies pursued in the first half of the 1990s and the political and economic disruptions of the 1980s.

Thematic scope (subjects and keywords highlighted in the report)

• Subjects: Banking, Civil service, Commercial banks, Expenditure, Financial institutions, Labor, Pension spending, Pensions, Tariffs, Taxes.
• Keywords: Caribbean; Civil service; Commercial banks; CR; government; government ministry; government of Suriname; government study; ISCR; Pension spending; Pensions; rate; rate of inflation; Suriname; Tariffs; wage agreement; wage award.

International Monetary Fund. "Suriname: Recent Economic Developments", IMF Staff Country Reports 1997, 064 (1997), August 13, 1997.