Suriname: Request for an Extended Arrangement Under the Extended Fund Facility-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Suriname PDF Download
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Author: International Monetary
Publisher: International Monetary Fund
ISBN: 161635979X
Category : Business & Economics
Languages : en
Pages : 111
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Book Description
Suriname faces systemic fiscal and external imbalances as a result of many years of economic mismanagement. Usable foreign reserves were depleted and, in the absence of other sources of budget financing, fiscal deficits were monetized. Inflation has, as a result, surged and there has been a significant depreciation of the exchange rate. Public debt, at 148 percent of GDP at end-2020, is unsustainable. In addition, there are important solvency problems embedded in the domestic banking system.
Author: International Monetary
Publisher: International Monetary Fund
ISBN: 161635979X
Category : Business & Economics
Languages : en
Pages : 111
Get Book Here
Book Description
Suriname faces systemic fiscal and external imbalances as a result of many years of economic mismanagement. Usable foreign reserves were depleted and, in the absence of other sources of budget financing, fiscal deficits were monetized. Inflation has, as a result, surged and there has been a significant depreciation of the exchange rate. Public debt, at 148 percent of GDP at end-2020, is unsustainable. In addition, there are important solvency problems embedded in the domestic banking system.
Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 111
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Book Description
On December 22, 2021, the IMF Executive Board approved a 36-month arrangement under the Extended Fund Facility (EFF) with access of 366.8 percent of quota (SDR 472.8 million or USD 673 million). The Surinamese authorities’ homegrown economic recovery plan aims to address systemic fiscal and external imbalances and chart a course toward debt sustainability, declining inflation, and economic recovery while maintaining social stability. In the first few months of the program, the authorities have made good progress but important risks remain.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
The authorities continue to prioritize fiscal discipline and macroeconomic stability in their policy actions. Restructuring agreements have been reached for both official and privately-held public debt, aside from the official debt to China, where negotiations continue. The financial advisors are currently preparing to launch the formal debt exchange with private external bondholders.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN:
Category :
Languages : en
Pages : 124
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Book Description
The authorities’ commitment to a range of difficult policy reforms is showing results in terms of macroeconomic stability and investor perceptions. The economy is growing, inflation is declining, donor support is increasing, and international bond spreads are at historic lows.
Author: Ivelaw Lloyd Griffith
Publisher: Taylor & Francis
ISBN: 1040034330
Category : Political Science
Languages : en
Pages : 314
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Book Description
This book is about oil and gas dynamics in the world’s newest petro-powers-in-the-making, and the attempts to balance this against the impact of climate change. The known oil reserves in the Guyana-Suriname Basin total some 30 billion barrels equivalent, and the gas reserves exceed 30 trillion cubic feet. This massive offshore discovery amounts to 10 percent of the world’s conventional oil, but Guyana and Suriname are also in a wet neighborhood, where the impact of climate change stands to wreak havoc on the area and undermine some of the oil gains. Examining the political economy of petroleum production and some of the myriad challenges and opportunities involved, the expert contributors discuss the global and regional geopolitical and national security ramifications of the petroleum pursuits and explore global climate change dynamics and their effects on the region. This title will be of interest to students, scholars of international political economy, environmental politics, and the Caribbean. It will also be invaluable to policymakers in countries with business investments in Guyana and Suriname, especially in the energy sector, and policy and operational staffs in regional and international organizations and companies.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1484380037
Category : Business & Economics
Languages : en
Pages : 90
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Book Description
The key objectives of the program are to restore macroeconomic and debt sustainability, address falling reserves, and increase growth. The new government, which took office in late May, has committed to fiscal consolidation and structural reform as key tools for macroeconomic adjustment.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1513597647
Category : Business & Economics
Languages : en
Pages : 68
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Book Description
This paper discusses Jamaica’s Tenth Review Under the Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria (PCs). Macroeconomic stability continues to strengthen. Inflation and the current account deficit have fallen to historical lows, a product of the low oil prices as well as the ongoing economic adjustment. The program remains on track. All PCs for end-September 2015 and structural benchmarks for the review period were met. Based on the authorities’ continued strong program implementation and their forward-looking policy commitments, the IMF staff recommends completion of the tenth review.
Author: International Monetary Fund
Publisher:
ISBN:
Category : International finance
Languages : en
Pages : 128
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Book Description
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464816530
Category : Law
Languages : en
Pages : 381
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Book Description
Women, Business and the Law 2021 is the seventh in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their lives and careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. This year’s report updates all indicators as of October 1, 2020 and builds evidence of the links between legal gender equality and women’s economic inclusion. By examining the economic decisions women make throughout their working lives, as well as the pace of reform over the past 50 years, Women, Business and the Law 2021 makes an important contribution to research and policy discussions about the state of women’s economic empowerment. Prepared during a global pandemic that threatens progress toward gender equality, this edition also includes important findings on government responses to COVID-19 and pilot research related to childcare and women’s access to justice.
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
