In 2021 the IMF approved a program under the Extended Fund Facility for Suriname. The country’s debt was unsustainable and needed to be restructured, yet the IMF let the program move forward without specific and credible financing assurances from major bilateral creditors, namely India and China.
Suriname: blurred lines between IMF policies
Suriname: blurred lines between IMF policies
Suriname: blurred lines between IMF policies
In 2021 the IMF approved a program under the Extended Fund Facility for Suriname. The country’s debt was unsustainable and needed to be restructured, yet the IMF let the program move forward without specific and credible financing assurances from major bilateral creditors, namely India and China.