Suriname: 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Suriname

April 10, 2006

Preview Citation

Format: Chicago

Suriname: 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Suriname, (USA: International Monetary Fund, 2006) accessed November 23, 2024

Summary

Suriname’s 2005 Article IV Consultation reports that economic activity has strengthened reflecting increased mining output and investment. The principal short-term challenge for Suriname is to maintain disciplined fiscal and monetary policies, especially to contain the inflation impact of the increase in domestic fuel prices. Over the medium term, the priority will be to entrench a consistent macroeconomic policy framework and advance critical public sector reforms to minimize the vulnerability to exogenous shocks and improve the competitiveness of nonmining sectors.

Subject: Commercial banks, Economic sectors, Exchange rates, External debt, Financial institutions, Foreign exchange, Public debt, Public sector

Keywords: Authorities' decision, Caribbean, Coalition government, Commercial banks, CR, Credit growth, Deficit, Exchange rates, Global, Government, Inter-American Development Bank, ISCR, Pricing system, Privatization process, Public sector, Stabilization fund, Suriname authorities, Surinamese authorities

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/135
Stock No:

1SUREA2006002
ISBN:

9781451835298
ISSN:

1934-7685

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