...Institutional and economic profile Flexibility and performance profile Significant institutional and economic reform under the recovery program will occupy the government's agenda during the next two years. High debt and a history of unsustainable public finances will be difficult to overcome without significant adjustment policies and the conclusion of the debt restructuring. --The government is embarking on an ambitious reform program to bolster its currently weak institutions. --The government is seeking to conclude the debt restructuring negotiations this year, which will meaningfully affect Suriname's fiscal trajectory. --Debt payment culture is weak, as demonstrated by the bond restructuring, for which the government is seeking agreement with creditors. --Fiscal reform, along with higher economic growth, will lead to lower deficits. --We expect the economy will begin to recover this year, following a severe economic contraction --Suriname's monetary flexibility is constrained by its...
