The ratings on the Republic of Suriname reflect its narrow economy that is vulnerable to commodity price swings, monetary and exchange rate rigidities, shallow domestic capital markets, and a high level of dollar-denominated assets and liabilities in its financial system. Suriname's public-sector institutions are weaker than those of most countries at a similar level of per capita income, although recent changes have strengthened the Ministry of Finance and improved debt management. The ratings also reflect the country's favorable medium-term growth prospects, led by foreign direct investment in mining, and its low burden of net general government debt and narrow net external debt. Suriname's stable democratic government, based on a coalition of parties, typically favors compromise and negotiation among an ethnically
