Suriname
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2006-2007 , pp 267-271
- Publication Date: April 2007
- DOI: https://doi.org/10.18356/570651b3-en
- Language: English
The economy of Suriname has been improving steadily, with sustained growth since 2000. GDP was up 5.8% in 2006 and inflation fell to 4.7%, showing that the abolition of the petrol subsidy in September 2005 did not have a lasting impact on inflation. This positive situation resulted from prudent monetary and fiscal policies together with favourable commodity prices, particularly for crude oil. The debt to output ratio fell, and part of the overdue debt was restructured. As a result, Standard & Poor upgraded the country’s sovereign debt for the first time, with ratings of B+ and B for bonds in local and foreign currencies, respectively, with a positive outlook.
© United Nations
ISBN (PDF):
9789211561111
Book DOI:
https://doi.org/10.18356/109b6df0-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Suriname
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