Suriname continues to grow steadily with low inflation. However, there has been little progress in implementing urgently-needed fiscal reforms, and the fiscal position is likely to continue to weaken in the coming year. Advances have been made in developing the central bank’s monetary tools and facilities, but more is needed to strengthen the credibility of the monetary framework. The banking sector faces important downside risks and there are gaps in the central bank’s supervisory and resolution framework. Annex I reports the implementation status of key prior Fund policy recommendations.
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