Tax aspects in IMF Country Report on the seventh review of the extended fund facility for Suriname: Prioritizing improvements in the VAT administration to reduce VAT refund arrears and improve compliance and collections. Government continues working with banks to develop an online VAT payment option by end-November 2024. All importers and exporters are now mandated to use the FIN when processing transactions with CED. The mandate will be expanded to cover all taxpayers by end-December 2024. Recruitment of at least 25 new staff at the Tax Department by end-November 2024 (Suriname)
The Executive Board of the International Monetary Fund (IMF) completed the seventh review under the Extended Fund Facility (EFF) arrangement for Suriname, allowing for an immediate purchase equivalent to SDR 46.7 million (about USD 63 million) of which SDR 19.1 million or about USD 25.8 million would be for budget support. This has been announced on 29 October 2024 with a press release on the website of the IMF issued ...