IMF Staff Country Reports

Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Suriname

January 21, 2025

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International Monetary Fund. Western Hemisphere Dept. "Suriname: 2024 Article IV Consultation and the Eighth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of Performance Criteria, Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Suriname", IMF Staff Country Reports 2025, 011 (2025), accessed February 7, 2025, https://doi.org/10.5089/9798400298967.002

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Summary

The authorities’ commitment to a range of policy reforms continues to strengthen macroeconomic stability. The economy is growing, inflation is receding, donor support is increasing, the public debt is declining, and international bond spreads are at historic lows. The Final Investment Decision (FID) to develop a large offshore oil field was announced on October 1. Moody’s has upgraded Suriname’s sovereign debt rating and changed the outlook to positive.

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

Keywords: Arrears, B. data standard, Caribbean, Debt sustainability outlook, Exchange rates, Governance reform agenda, Government procurement, International reserves, Management framework, Monetary base, Policy priority, Recapitalization plan, Surinamese authorities, Tax authorities

Publication Details

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