St Lucian students to visit Suriname

March 07, 2016

The CARICOM Secretariat says 19 tertiary students from St. Lucia will travel to Suriname later this month to participate in the “Students Engaging the CSME through Field Promotion” project.


It said that this will be the first of three missions under the project that is now coming to an end. The project is funded under the European Union’s 10th European Development Fund (EDF).


“The aim of the mission is for the students to investigate the extent of implementation of the CARICOM Single Market and Economy (CSME) in Suriname. They will also be exposed to the employment and business opportunities offered by the single market and its provisions for CARICOM nationals.


“In preparation for this exercise, the students were briefed by the relevant agencies on St. Lucia’s implementation of the CSME so that they will be able to compare it to what happens in Suriname. Upon returning to their home country, the students will prepare a report on their findings and make recommendations based on the visit,” the Secretariat said in a statement.

New flights to connect Barbados with South America

March 15, 2016

New routes to South America are set to be officially opened to Barbadians next month as Surinamese airline Fly All Ways offers new flight routes to Brazil, Suriname and Guyana.


Managing director for Fly All Ways, Amichand Jhauw, made the announcement at the Johan Adolf Pengel International Airport in Suriname as he welcomed a small group of Barbadians who had made the near 600 mile journey south.


“What we are trying to do is give the Caribbean people the opportunity to visit destinations where there are no regular flights,” Jhauw said.


He explained that the airline had done market studies to see how they could connect the Suriname and the rest of the Caribbean, and as a result of those studies, they developed new air routes that other airlines weren't flying.


IMF delegation concludes visit to Suriname

March 09, 2016

A delegation from the International Monetary Fund (IMF) has ended a two week visit to Suriname after holding discussions on possible financial support for the Dutch-speaking Caribbean Community (CARICOM) country.


Deputy Division Chief at the Research Department of the IMF, Daniel Leigh, who led the mission, said that discussions centered on Suriname’s home-grown economic programme.


“The team had constructive discussions on a number of policies that could underpin the IMF supported programme and will now return to Washington DC to continue the technical work, including assessing the latest measures with regard to exchange rate policies. We will remain in contact with the Surinamese authorities,” Leigh said in a brief statement.


Last month, the World Bank said it had been approached by the Suriname government to discuss possible financial support for its response to the sharp fall in international commodity prices.


The bank said that complementing the reform programme that the Suriname government is currently discussing with the MF, the Desi Bouterse administration is taking steps to strengthen international reserves, support shared economic growth, and ensure financial stability.


“Together with the Caribbean Development Bank, and the Inter-American Development Bank, we stand ready to help Suriname meet its economic challenges, including the need to improve competitiveness, diversification, public sector modernization, and other requirements for sustained economic growth,” the World Bank said in the statement.

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