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.