Not unmindful of Suriname’s likely emergence as a global oil giant in the not too distant future the World Bank has ‘opened its coffers’ to Guyana’s neighbour to the east that has seen the Bank Group’s Board of Directors endorse a new strategic partnership with the country that will last over the next four years and is reportedly focused on supporting the country’s long-term development vision.
Suriname’s recent world class oil discoveries has significantly altered the international financial infrastructure’s perception on the country’s creditworthiness, the Wednesday October 2 report on the agreement asserting that it is linked to the country’s Multi-Annual Development Plan for 2022-2026’ The aim, a report from Washington states, is to create more sustainable and equitable opportunities for Suriname following the country’s recent offshore oil discoveries.