Latin American Economy & Business - October 2014 (ISSN 1741-7430)

Suriname: Fiscal slippage and other challenges

Regional Economic Review by LatinNews 30 October 2014 Modified: 30 October 2014 3016 views

Softness in the prices of gold, oil and alumina have hurt Suriname's budget. A lack of spending discipline has done a lot more damage. With elections due in 2015, the government has little appetite for hard decisions. However, a major financial crisis appears unlikely.

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