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Suriname; 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Suriname


  • International Monetary Fund


Suriname's mining-based economy has suffered from poor macroeconomic management. Executive Directors commended the authorities' efforts to stabilize the economic, fiscal, and monetary policies stances, and emphasized the need to accelerate structural reforms. They stressed the need for fiscal consolidation, exchange rate unification, economic diversification, and improvements in governance and tax administration. They welcomed the authorities' decision to subscribe to the General Data Dissemination System, and encouraged them to continue to take full advantage of the technical assistance being provided by the IMF and the Inter-American Development Bank.

Suggested Citation

  • International Monetary Fund, 2003. "Suriname; 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Suriname," IMF Staff Country Reports 03/356, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:03/356

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    References listed on IDEAS

    1. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    2. Bahmani-Oskooee, Mohsen, 1985. "Devaluation and the J-Curve: Some Evidence from LDCs," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 500-504, August.
    3. Stephen P. Magee, 1973. "Currency Contracts, Pass-Through, and Devaluation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 303-325.
    4. Mohsen Bahmani-Oskooee & Scott W. Hegerty, 2010. "The J- and S-curves: a survey of the recent literature," Journal of Economic Studies, Emerald Group Publishing, vol. 37(6), pages 580-596, November.
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