This 2013 Article IV Consultation highlights that Surinameas macroeconomic performance has strengthened markedly over the past decade. Since 2000, stronger policies and buoyant commodity prices, supported by political stability, have helped improve macroeconomic performance, enabling Suriname to enjoy several recent upgrades from major ratings agencies. With gold prices declining after a long upswing, the main challenges are to strengthen institutions and adjust policies to avoid the onset of a boomabust cycle. Growth remains robust although inflation has declined considerably. In 2012 GDP grew an estimated 4.75 percent, similar to 2011 and among the highest in the region, supported by buoyant commodity prices, particularly gold.The authorities have committed to set up a national social security scheme by early 2014, which will Country PIT (Highest rate) CIT VAT/ tax on consumption Antigua and Barbuda 25.0 25.0 15.0 Aruba 59.0 28.0 1.5 Barbados 35.0 25.0 17.5 Belize 25.0 251/ 12.5 CuraAsao 49.0 ... While spending related to the health insurance scheme will partly be offset by savings from current social welfare spending onanbsp;...
|Title||:||Suriname: 2013 Article IV Consultation|
|Author||:||International Monetary Fund. Western Hemisphere Dept.|
|Publisher||:||International Monetary Fund - 2013-12-03|