{
  "title": "Suriname: 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Suriname",
  "publication": "IMF Staff Country Reports, November 19, 2003",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/suriname-2003-article-iv-consultation-staff-report-public-information-notice-on-the-17030",
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  "summary": "Suriname's mining-based economy has suffered from poor macroeconomic management. Executive Directors commended the authorities' efforts to stabilize the economic, fiscal, and monetary policies stances, and emphasized the need to accelerate structural reforms.",
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    {
      "heading": "Executive summary and economic assessment",
      "content": "- Suriname's mining-based economy has suffered from poor macroeconomic management.\n- Executive Directors commended the authorities' efforts to stabilize the economic, fiscal, and monetary policy stances.\n- Emphasis on the need to accelerate structural reforms to restore macroeconomic stability and support sustainable growth."
    },
    {
      "heading": "Major findings and priorities",
      "content": "- Fiscal consolidation is needed.\n- Exchange rate unification is required.\n- Economic diversification away from mining is necessary.\n- Improvements in governance and tax administration are important to strengthen public finances and institutions."
    },
    {
      "heading": "Data, transparency, and technical assistance",
      "content": "- The authorities decided to subscribe to the General Data Dissemination System.\n- Executive Directors encouraged the authorities to continue to take full advantage of the technical assistance being provided by the IMF and the Inter-American Development Bank."
    },
    {
      "heading": "Subject classifications and keywords (as listed)",
      "content": "- Subject: Banking, Commercial banks, Economic sectors, Exchange rates, Financial institutions, Foreign exchange, Public debt, Public sector\n- Keywords: authorities' resolve, authority, bauxite company, CARICOM single market, central bank financing, Commercial banks, CR, Exchange rates, financing flow, firm, Global, government, ISCR, market, Public sector, Surinamese authorities\n\n---\n\n Content in this bundle\n\n- cr03356\n  - cr03356 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr03356 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: November 19, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451835243.002",
    "Suriname's mining-based economy has suffered from poor macroeconomic management.",
    "Executive Directors commended the authorities' efforts to stabilize the economic, fiscal, and monetary policy stances.",
    "Emphasis on the need to accelerate structural reforms to restore macroeconomic stability and support sustainable growth.",
    "Fiscal consolidation is needed.",
    "Exchange rate unification is required.",
    "Economic diversification away from mining is necessary.",
    "Improvements in governance and tax administration are important to strengthen public finances and institutions.",
    "The authorities decided to subscribe to the General Data Dissemination System.",
    "Executive Directors encouraged the authorities to continue to take full advantage of the technical assistance being provided by the IMF and the Inter-American Development Bank.",
    "Subject: Banking, Commercial banks, Economic sectors, Exchange rates, Financial institutions, Foreign exchange, Public debt, Public sector",
    "Keywords: authorities' resolve, authority, bauxite company, CARICOM single market, central bank financing, Commercial banks, CR, Exchange rates, financing flow, firm, Global, government, ISCR, market, Public sector, Surinamese authorities",
    "**_cr03356**"
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