IMF Staff Country Reports

Suriname : 2019 Article IV Consultation-Press Release; Staff Report; Informational Annex; and Statement by the Executive Director for Suriname

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

December 23, 2019

Electronic Access:

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Summary:

Suriname continues to grow steadily with low inflation. However, there has been little progress in implementing urgently-needed fiscal reforms, and the fiscal position is likely to continue to weaken in the coming year. Advances have been made in developing the central bank’s monetary tools and facilities, but more is needed to strengthen the credibility of the monetary framework. The banking sector faces important downside risks and there are gaps in the central bank’s supervisory and resolution framework. Annex I reports the implementation status of key prior Fund policy recommendations.

Series:

Country Report No. 19/391

Subject:

Central Banks External sector Fiscal sector Public financial management Real sector