## Suriname: Recent Economic Developments

_IMF Staff Country Reports, August 13, 1997_

## Source details

**Canonical URL:** [Suriname: Recent Economic Developments](https://www.imf.org/en/publications/cr/issues/2016/12/30/suriname-recent-economic-developments-2301)

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- [Markdown version](/en/publications/cr/issues/2016/12/30/suriname-recent-economic-developments-2301/index.md)
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## Bibliographic details
- Published: August 13, 1997
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451835229.002

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### 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.*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/suriname-recent-economic-developments-2301_