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Suriname: Toward Stability and Growth

Gamal El-Masry, Masahiro Nozaki, Fanny Torres Gavela, Rafael Portillo, Tobias Roy, Pawel Dyczewski and Bernhard Fritz-Krockow

No 2009/003, IMF Departmental Papers / Policy Papers from International Monetary Fund

Abstract: This paper analyzes the economic growth and stability in Suriname. The paper highlights that in recent years, the outlook has turned substantively more positive. The favorable external environment and the stability-oriented policies of the Venetian administration have boosted confidence in the economy, leading to increased investment, domestic economic activity, and employment. The recent boom in commodity prices has helped boost growth, while increased gold production and investment in the mineral industry are projected to support continued growth in the coming years.

Keywords: DPPP; DP; government; Suriname; exchange rate; company; foreign currency; central bank; U.S. dollar; monetary policy; interest rate; Exchange rates; Currencies; Inflation; Bank deposits; Gold; Caribbean; Global; South America; Western Hemisphere; Africa (search for similar items in EconPapers)
Pages: 104
Date: 2009-03-03
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Handle: RePEc:imf:imfdps:2009/003