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International Monetary Fund. Statistics Dept.

Abstract

The 2015 Annual Report of the IMF Committee on Balance of Payments Statistics (Committee) provides an overview of recent trends in global balance of payments and international investment position (IIP) statistics, summarizes the Committee’s work program during 2015, and presents the work program of the Committee in the coming year.

International Monetary Fund. Western Hemisphere Dept.

(June 2015) Enhancement of financial stability analysis (July 2015) National account statistics on expenditure-based GDP, current prices (November 2015) Balance of payments and IIP enhancement (July 2016) Developing pension fund sector (July 2016) National Account Statistics (February 2017) Price Statistics (August 2017) Macrofiscal scoping mission (July 2018) FAD Revenue administration assessment for a high-level implementation plan for the VAT (February 2011) Joint IMF-WB mission on public financial management and related ICT capacity

International Monetary Fund. Western Hemisphere Dept.

) Developing macroprudential indicators and measures of systemic risk (April 2015) National account statistics on expenditure-based GDP, current prices (April 2015) Developing a stress-testing methodology for the insurance sector (May 2015) Development of financial soundness indicators for insurance sector (June 2015) Enhancement of financial stability analysis (July 2015) National account statistics on expenditure-based GDP, current prices (November 2015) Balance of payments and IIP enhancement (July 2016) Developing pension fund sector (July 2016) Improved

International Monetary Fund. Western Hemisphere Dept.
This 2019 Article IV Consultation with Suriname discusses that Suriname continues to grow steadily with low inflation. However, there has been little progress in implementing urgently needed fiscal reforms, and the fiscal position is likely to continue to weaken in the coming year. The consultation focused on policies to bolster the economy in the medium term. These include fiscal measures to enhance revenues and efficiency and lower expenditures, policies to improve the monetary and financial sector supervision frameworks, and structural policies to boost potential growth. Advances have been made in developing the central bank’s monetary tools and facilities; however, more is needed to strengthen the credibility of the monetary framework. The banking sector faces important downside risks and there are gaps in the central bank’s supervisory and resolution framework. It is advised to put the public debt on a sustainable path. A significant reduction in the fiscal deficit could be achieved by implementing a value-added tax, curtailing electricity subsidies except to the poor, and improving public financial management.
International Monetary Fund. Western Hemisphere Dept.
Suriname is recovering from the deep recession of 2015-16. Growth has turned positive, inflation has reduced to single digits, real interest rates have turned positive, and the external position has on balance strengthened. Nonetheless, the economy remains heavily dependent on the mineral sector, and faces fiscal, monetary, and banking sector vulnerabilities.
International Monetary Fund. Western Hemisphere Dept.
On December 22, 2021, the IMF Executive Board approved a 36-month arrangement under the Extended Fund Facility (EFF) with access of 366.8 percent of quota (SDR 472.8 million or USD 673 million). The Surinamese authorities’ homegrown economic recovery plan aims to address systemic fiscal and external imbalances and chart a course toward debt sustainability, declining inflation, and economic recovery while maintaining social stability. In the first few months of the program, the authorities have made good progress but important risks remain.
International Monetary Fund. Western Hemisphere Dept.

, current prices CARTAC Apr 2015 National account statistics on expenditure-based GDP, current prices CARTAC Nov2015 National Account Statistics CARTAC Feb 2017 Price Statistics CARTAC Aug 2017 External Sector Statistics Balance of payments statistics assessment (February 2014) CARTAC Feb 2014 BOP and external sector statistics (March 2014) STA Mar 2014 Balance of payments and IIP enhancement (July 2016) CARTAC Jul 2016 External sector statistics (November 2018) CARTAC Nov2018