Wednesday, June 17, 2026
spot_img
HomeBusinessIMF to close resident representative office in Suriname

IMF to close resident representative office in Suriname

WASHINGTON, USA – The International Monetary Fund (IMF) will close its Resident Representative Office in Paramaribo, Suriname, effective end‑April 2026.

The office, headed by Charles Amo‑Yartey, was established in June 2022 to support enhanced engagement following the executive board’s approval of an Extended Fund Facility (EFF) arrangement for Suriname.

Suriname successfully completed the EFF in March 2025, marking the conclusion of a multi‑year program aimed at restoring macroeconomic stability, strengthening public finances, and supporting structural reforms. Program completion reflected sustained policy implementation and progress toward restoring debt sustainability and external viability. Following the end of the EFF, the IMF concluded the 2025 Article IV Consultation with Suriname in January 2026.

Suriname is expected to start large-scale oil production in the medium term, with the potential to generate significant improvements in living standards for its people. At this critical juncture, the IMF will continue its close partnership with Suriname through enhanced bilateral policy consultations, including through Article IV Consultations and post-financing assessments, and through intensive capacity development. This engagement will be led from IMF headquarters in Washington, DC, and through the Caribbean Regional Technical Assistance Center (CARTAC) in Barbados.

The Fund expresses its appreciation to the Surinamese authorities for their cooperation and hospitality over the years.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Caribbean News

United Nations System – Caribbean governments affirm development partnership

 BELIZE CITY, Belize - Caribbean governments and the United Nations set the stage for a strengthened development partnership with the presentation of the United...

Global News

St Lucia to use UN vote strategically, says PM Pierre to Ireland’s visa restrictions on St Lucians

~ Saint Lucia pride the fact that we also have tools and instruments we can use.” ~ Philip J. Pierre. OTTAWA, Canada – Saint Lucia...
Social Media Auto Publish Powered By : XYZScripts.com