Suriname: Recent Economic Developments

August 13, 1997

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Suriname: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 12, 2024

Summary

This paper reviews economic developments in Suriname during 1994–96. In 1995, there was a major turnaround in Suriname’s economic and financial situation following the expansionary fiscal and monetary policies pursued in the first half of the 1990s and the political and economic disruptions of the 1980s. The marked improvement was owing to the restoration of financial discipline, a strengthening of international bauxite prices, and the unification and subsequent stabilization of the exchange rate. The inflation fell further to less than 1 percent in 1996.

Subject: 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

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/064
Stock No:

1SUREA0011997
ISBN:

9781451835229
ISSN:

1934-7685

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