Suriname Recent Economic Developments

This report analyzes economic developments in Suriname during the 1990s. In 1990-92, real GDP recovered moderately, but inflation accelerated, reaching 58 percent in the 12 months ended December 1992, owing to a further weakening of financial policies. Interest rates became sharply negative in real...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This report analyzes economic developments in Suriname during the 1990s. In 1990-92, real GDP recovered moderately, but inflation accelerated, reaching 58 percent in the 12 months ended December 1992, owing to a further weakening of financial policies. Interest rates became sharply negative in real terms, which initiated a gradual shift out of domestic financial assets. The external accounts remained weak, and the overall balance of payments showed deficits that were financed by a decline in international reserves and an accumulation of external payments arrears
Physical Description:82 pages
ISBN:9781451835205