The ratings on the Republic of Suriname reflect the country's improving macroeconomic fundamentals, with robust medium-term growth prospects, a solid debt position (with net general government debt at less than 20% of GDP at year-end 2010), and, most important, legislative and institutional efforts to preserve these accomplishments beyond the current economic and political cycles. Counterbalancing these supporting factors is Suriname's narrow economic base, which is strongly tied to commodities; alumina, gold, and oil constituted more than 80% of current account receipts at year-end 2010. In addition, there are continued institutional capacity constraints that hinder debt management (such as periodic delays in payment of multilateral debt), public investment, and a more forceful advancement of structural reforms. The government's aggressive debt-reduction and
