We expect the government of the Republic of Suriname will continue its progress on fiscal consolidation and improved macroeconomic sustainability over the coming months while also finalizing a restructuring agreement with one remaining commercial creditor on a small amount of debt. At the same time, we expect the government will strengthen its debt management procedures. S&P Global Ratings affirmed its long- and short-term foreign and local currency sovereign credit ratings on Suriname at 'CCC+/C'. The outlook on the long-term sovereign credit ratings is stable. On Dec. 11, 2024, we affirmed our long- and short-term foreign and local currency sovereign credit ratings on Suriname at 'CCC+/C'. We also affirmed our transfer and convertibility assessment of 'CCC+'. The outlook on the long-term