April 21, 2023
This TA report summarizes the context, mission findings, and way forward for CARTAC’s provision of TA support to Suriname’s Economic Affairs Department (within the Ministry of Finance and Planning). A new medium-term macro-fiscal forecasting framework (MTFF) will be developed via several TA missions, and will focus on linking high-level revenue and expenditure projections to projections of macroeconomic determinants. In addition, a clear and transparent method of entering the effect of policy changes on these projections, and the contribution of any ‘one-off’ factors to projected revenues or expenditures, will be a key feature of the tool. Finally, training, through hands-on exercises using Surinamese data, will play an important role in supporting the development and ultimate adoption of the MTFF.
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