This report supplements our research update "Republic of Suriname Downgraded To 'B+' From 'BB-' On Weaker External Liquidity And Fiscal Flexibility; Outlook Negative," published on April 25, 2016. To provide the most current information, we may cite more recent data than that stated in the previous publication. These differences have been determined not to be sufficiently significant to affect the rating and our main conclusions. The ratings on the Republic of Suriname reflect S&P Global Ratings' view of the weakening of Suriname's external liquidity, fiscal flexibility, and debt burden, stemming from rising recent fiscal and current account deficits. Low commodity prices led to falling export earnings, resulting in large trade and current account deficits in 2015. Foreign exchange reserves also
