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IDB backs economic reforms in Suriname

IDB backs economic reforms in Suriname

March 11, 2022
US-based development also grants $260 mln for transmission lines in Paraguay and $100 mln to address the COVID-19 pandemic in Jamaica

Inter-American Development Bank (IDB) International Financial Institutions Loans Debt Economy & Policy Energy Electricity Coronavirus Healthcare Health Policy Suriname Spain Paraguay Jamaica United States ESG

The Inter-American Development Bank (IDB) has granted a $50 million loan to help Suriname implement economic reforms, it said in a press release on Thursday. The IDB said it structured the seven-year loan as special development financing to complement Suriname's $690 million lending program with the Internation Monetary Fund (IMF). "The loan supports enactment of budget measures to strengthen fiscal sustainability and reforms to promote monetary and financial stability and strengthen monetary po

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