Suriname: 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Suriname

May 22, 2007

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Format: Chicago

Suriname: 2007 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, 2007) accessed November 22, 2024

Summary

This 2007 Article IV Consultation highlights that aided by favorable external conditions and an improvement in macroeconomic management, Suriname’s economic performance has improved in recent years. Since 2002, the central government deficit has declined sharply, leading to a substantial decrease in public debt as a share of GDP. Monetary policy has focused on reducing inflation, while the central bank has become more independent. In 2006, macroeconomic performance was better than anticipated, benefiting from a continued favorable external environment. The outlook for 2007 looks broadly positive.

Subject: Bank deposits, Banking, Central banks, Commercial banks, Financial institutions, Financial services, Fiscal policy, International reserves, Public debt

Keywords: Authorities' hope, Bank deposits, CBvS, Commercial banks, CR, Export base, GDP number, Government, International reserves, ISCR, Overtime inflation expectation, Revenue stabilization fund, Surinamese authorities

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/180
Stock No:

1SUREA2007002
ISBN:

9781451835311
ISSN:

1934-7685

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