Suriname: Toward Stability and Growth

Author: Mr. Masahiro Nozaki, Mr. Tobias Roy, Mr. Pawel Dyczewski, Mr. Bernhard Fritz-Krockow, Ms. Fanny M Torres Gavela, Mr. Gamal Z El-Masry, and Mr. Rafael A Portillo

This paper analyzes the economic growth and stability in Suriname.

Volume/Issue: Volume 2009 Issue 003

Publication date: March 2009

ISBN: 9781589068087

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Topics covered in this book

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Banks and Banking , Inflation , Money and Monetary Policy , 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

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Summary

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.