Large investments in Suriname's mining and oil sectors could lead to higher growth prospects as well as higher levels of exports and government revenues. Additionally, tax reform and the creation of a sovereign wealth fund could lead to improved fiscal flexibility. Suriname has improving macroeconomic fundamentals, robust medium-term growth prospects, a low debt position, and solid external indicators, which are offset by its narrow economic base and institutional capacity constraints. We are revising the outlook on Suriname to positive from stable. We are affirming our 'BB-/B' foreign and local currency sovereign credit ratings on Suriname. (Watch the related CreditMatters TV segment titled, "Standard&Poor?s Revises Its Outlook On Suriname," dated April 29, 2013.) On April 25, 2013, Standard&
