Suriname and IMF reach staff-level agreement on the second review of the Extended Arrangement under the Extended Fund Facility. ‘Government is working to replace the sales tax with a broad-based VAT, scale back ineffective tax exemptions, increase taxation of the mineral sector and improve the efficiency of the public workforce’ (Suriname)
The IMF staff team and Surinamese authorities reached a staff-level agreement on the second review of the authorities’ economic recovery program supported by the Extended Fund Facility (EFF). The agreement is subject to approval by the IMF’s Executive Board. This has been announced in a press release published on the website of the IMF. The Ministry of Finance & Planning of Suriname has also issued a press release on this ...