13. Population Data
14. Central Government Operations
15. Government Revenues and Grants (in millions of Surinameguilders)
16. Government Revenues and Grants (in percent of GDP)
17. Central Government Expenditures
18. Central Government Subsidies, Net Transfers, and Lending
19. Central Government Debt
Money and Banking
20. Summary Accounts of the Banking System
21. Banking System Liabilities to the Private Sector, End of Period
22. Distribution of Commercial Bank Credit by Destination
23. Loans and Deposits by
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
This report analyzes economic developments in Suriname during the 1990s. In 1990–92, real GDP recovered moderately, but inflation accelerated, reaching 58 percent in the 12 months ended December 1992, owing to a further weakening of financial policies. Interest rates became sharply negative in real terms, which initiated a gradual shift out of domestic financial assets. The external accounts remained weak, and the overall balance of payments showed deficits that were financed by a decline in international reserves and an accumulation of external payments arrears.
. Developments in the Exchange Rate System in Suriname
1. The initial system
2. The introduction of the multiple system
3. Modifications to the multiple system
4. Return to a unified system
1. Selected Macroeconomic Indicators
2. Government Tax Revenues (In millions of Surinameguilders)
3. Government Tax Revenues (In percentage of total tax revenues)
4. Expenditures on Social Programs
5. Solvency Requirements
6. Summary of Average Commercial Bank Interest Rates
7. Composition of Broad Money
Statistical Appendix Tables
This paper reviews economic developments in Suriname during 1994–96. In 1995, there was a major turnaround in Suriname’s economic and financial situation following the expansionary fiscal and monetary policies pursued in the first half of the 1990s and the political and economic disruptions of the 1980s. The marked improvement was owing to the restoration of financial discipline, a strengthening of international bauxite prices, and the unification and subsequent stabilization of the exchange rate. The inflation fell further to less than 1 percent in 1996.
International Monetary Fund. Western Hemisphere Dept.
This Selected Issues paper on Suriname analyzes exchange rate pass through in Suriname. While the previous studies exclusively focused on the bilateral exchange rate against the US dollar, this study, in addition, estimates exchange rate passthrough using the nominal effective exchange rate. This is crucial given the strong presence of euros in the economy due to its historic connections with the Netherlands and French Guyana being one of its neighbors. The study is the first to investigate how various subcomponents of consumer price index respond to exchange rate variations differently for Suriname. The results suggest a cumulative exchange rate passthrough of around 0.4 (0.6) over six months and 0.6 (0.7) over one year for the entire sample of 1980-2019 (2000-19). A more systemic analysis suggests that the exchange rate passthrough has been declining and becoming more short-lived in recent years.
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. 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.
This Selected Issues paper for Suriname describes the structure of the financial system, and provides a preliminary assessment of the conditions of the banking system. It highlights the need for a comprehensive public sector reform, targeting both the civil service and the public enterprises, and reviews the recent policy developments and financial sector reforms. It also provides the IMF's projections and estimates for Suriname on central government operations in percent of GDP; central government revenues, grants, and expenditure in billions of guilders and in percent of GDP; summary accounts of the banking system, and so on.
, reaching 58 percent in the 12 months ended December 1992, owing to a further weakening of financial policies ( Table 1 ). Interest rates became sharply negative in real terms, which initiated a gradual shift out of domestic financial assets. 4/ The external accounts remained weak, and the overall balance of payments showed deficits that were financed by a decline in international reserves and an accumulation of external payments arrears. The Surinameguilder became increasingly appreciated in real effective terms as the official exchange rate remained fixed at Sf 1