The government has intensified efforts to address long-standing arrears on bilateral debt and cure other debt arrears; Recent and expected economic policies supporting a stable exchange rate, declining inflation, and consolidation of fiscal accounts; and A strong economic performance and solid growth prospects, boosted by ongoing and expected expansion of main industries. Lingering political and ethnic rivalry, resulting in powerful vested interests and widespread political patronage that constrain political and economic reform; Challenges to privatization, which would reduce the role of a large state-owned sector; and Relatively weak, albeit fast-improving, external liquidity in the economy, which is vulnerable to terms-of-trade shocks. The ratings on the Republic of Suriname reflect the strengthening of its debt-management practices, resulting in the restructuring and
