March 29, 2022 On December 22, 2021, the IMF Executive Board approved a 36-month arrangement under the Extended Fund Facility (EFF) with access of 366.8 percent of quota (SDR 472.8…
Category: SURINAME
IMF Executive Board Completes First Review of the Extended Fund Facility Arrangement for Suriname
March 25, 2022 The IMF Executive Board completed the first review of the extended arrangement under the Extended Fund Facility (EFF) for Suriname, allowing for an immediate disbursement equivalent to…
Suriname to Advance in Restoring Macroeconomic and Fiscal Sustainability with IDB Support
March 11, 2022 Suriname will implement a program to restore its macroeconomic and fiscal sustainability with a $50 million loan approved by the Inter-American Development Bank (IDB). The loan will help Suriname to…
IMF Staff and Suriname Reach Staff-Level Agreement on the First Review of the Extended Arrangement Under the Extended Fund Facility
February 15, 2022 The IMF staff team and Surinamese authorities reached a staff-level agreement on the first review of the authorities’ economic recovery program supported by the Extended Fund Facility…
Strengthening Economic Institutions to Support Suriname’s Public Finances
December 17, 2021 Suriname is facing a challenging economic outlook. The country’s economy has not recovered from the 2015 recession which was characterized by a large contraction in economic growth,…
Keeping it in the family: Willemsberg, the Makers of Wippy Peanut Butter
December 14, 2021 Transforming a brand into a household name is not easy. You need a product that is almost universally liked; a track record of innovation and reliability; a…
Chuck E. Cheese Signs New Development Agreements In Qatar, Suriname And Guyana
December 7, 2021 Chuck E. Cheese, the global family entertainment brand, continues to drive international expansion and has successfully signed development agreements in three new countries across South America and…
IDB approves $30m to support vulnerable populations in Suriname
November 30, 2021 The loan will benefit 130,548 people through periodic transfers The operation seeks to reinforce the efficiency and transparency of Suriname’s social protection network Suriname’s difficult macroeconomic conditions, along with the pandemic, has a severe impact on the country’s population, especially the most vulnerable, An IDB survey in April…
Digicel Builds Deep Blue One Subsea Cable Connecting French Guiana, Suriname, Guyana and Trinidad & Tobago.
October 1, 2021 Digicel is making a significant investment in international submarine capacity with the build of its Deep Blue One subsea cable and has signed a partnership agreement with…
Top Three Things Suriname Must Learn From Guyana’s Oil Boom
By Arthur Deakin September 7, 2021 Suriname, like Guyana, has just discovered billions of barrels of recoverable oil offshore its coast. This has attracted a flurry of international investors seeking…
IN SURINAME,THE FUTURE OF TECHNOLOGY IS FEMALE AND FAB
By Terry-Ann Coley-Graham September 3, 2021 The IDB promoted the added value of private sector activity in Suriname by improving the business climate and innovation, spurring knowledge in manufacturing and…
Statement by the International Monetary Fund Managing Director on Suriname
July 30, 2021 At an Executive Board meeting held today, staff updated Executive Directors on recent developments in Suriname and the authorities’ request for an arrangement under the Extended Fund…