Strengthening Economic Institutions to Support Suriname’s Public Finances

December 17, 2021 Suriname is facing a challenging economic outlook. The country’s economy has not recovered from the 2015 recession which was characterized by a large contraction in economic growth,…

Keeping it in the family: Willemsberg, the Makers of Wippy Peanut Butter

December 14, 2021 Transforming a brand into a household name is not easy. You need a product that is almost universally liked; a track record of innovation and reliability; a…

Chuck E. Cheese Signs New Development Agreements In Qatar, Suriname And Guyana

December 7, 2021 Chuck E. Cheese, the global family entertainment brand, continues to drive international expansion and has successfully signed development agreements in three new countries across South America and…

IDB approves $30m to support vulnerable populations in Suriname

November 30, 2021 The loan will benefit 130,548 people through periodic transfers  The operation seeks to reinforce the efficiency and transparency of Suriname’s social protection network  Suriname’s difficult macroeconomic conditions, along with the pandemic, has a severe impact on the country’s population, especially the most vulnerable, An IDB survey in April…

Digicel Builds Deep Blue One Subsea Cable Connecting French Guiana, Suriname, Guyana and Trinidad & Tobago.

October 1, 2021 Digicel is making a significant investment in international submarine capacity with the build of its Deep Blue One subsea cable and has signed a partnership agreement with…

Top Three Things Suriname Must Learn From Guyana’s Oil Boom

By Arthur Deakin September 7, 2021 Suriname, like Guyana, has just discovered billions of barrels of recoverable oil offshore its coast. This has attracted a flurry of international investors seeking…

IN SURINAME,THE FUTURE OF TECHNOLOGY IS FEMALE AND FAB

By Terry-Ann Coley-Graham September 3, 2021 The IDB promoted the added value of private sector activity in Suriname by improving the business climate and innovation, spurring knowledge in manufacturing and…

Statement by the International Monetary Fund Managing Director on Suriname

July 30, 2021 At an Executive Board meeting held today, staff updated Executive Directors on recent developments in Suriname and the authorities’ request for an arrangement under the Extended Fund…

IMF Reaches Staff-Level Agreement with the Republic of Suriname on a $690m Three-Year Program under the Extended Fund Facility

April 30, 2021 The program aims to lay the foundation for a strong, resilient, and inclusive economic recovery through protecting the poor, lowering inflation, restoring debt sustainability, and investing in…

Bahamian Oil Company finds no oil in Bahamian waters- moves to Trinidad and Suriname!

By: Staff writer February 9, 2021 The Bahamas Petroleum Company (BPC) has found no oil in Bahamian waters and will now move on to the Southern Caribbean BPC in a…