The Caribbean Development Bank has admitted Suriname as a full member of the financial body.
As a result, Suriname will now have easier access to subsidized loans that will boost development projects.
According to Warren Smith, the president of the bank, "Suriname has a sound economy, which is growing rapidly. The government runs a tight fiscal operation and debt accounts for only about 25 percent of GDP," in remarks to the regional financial institution's board of directors on
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