In much the same way that, in recent years, reportage on Guyana’s economic outlook has benefited from a more favourable international profile arising out of the country’s world class oil finds, so too are more pleasing evaluations of neighbouring Suriname beginning to emerge.
This week’s (September 18) release of the IMF Executive Board’s Seventh Review under the Extended Fund Facility Arrangement for Suriname painted a decidedly more pleasing picture of the Fund’s prognosis for the country’s economy, going forward.
The Fund’s report on its recent visit to Suriname to undertake its “Seventh Review under the Extended Fund” specifically pinpointed the country’s “commitment to maintaining prudent macroeconomic policies and implementing difficult reforms”, an approach which it says is yielding “positive results.” “The economy is growing, inflation is coming down, international bond spreads are at record lows, and investor confidence is returning,” says the IMF in its most recent assessment of the country’s economy.
