Wednesday, December 18, 2013

Suriname admitted as full member of Caribbean Development Bank

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

More details here...

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