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

International Monetary Fund

No 2007/180, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; overtime inflation expectation; Surinamese authorities; export base; CBvS; revenue stabilization fund; GDP number; authorities' hope; Commercial banks; Bank deposits; International reserves (search for similar items in EconPapers)
Pages: 41
Date: 2007-05-22
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