Suriname

In 2005, in the absence of any brusque policy changes, Suriname's GDP is expected to grow for a third consecutive year, this time at around 5% (compared to 6.4% in 2003 and an estimated 4.6% in 2004), which has not occurred for at least a quarter of a century. Favourable export commodity prices, as well as higher inflows of foreign investment, are the factors underlying the economic boom. The positive economic performance and the containment of inflation did not, however, secure the governing coalition the two-thirds majority it needed in the National Assembly to directly re-elect the President in office in May 2005. The new executive power will be elected by a larger assembly, and the parties are considering their options as regards the formation of coalitions. The outcome of these negotiations could have a significant impact on economic policy.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions