For a safer, more reliable country eyesonsuriname Amsterdam, March 9, 2023– Suriname has signed a letter of intent with the American research and risk consultancy firm, Kroll Risk and Financial Advisory Solutions. The country is represented by the ministers of Justice and Police and Finance and Planning.The agency will assist Suriname in closing gaps so…
Read more
eyesonsuriname/s.coutinho Amsterdam, Feb 20th 2023–To our beloved Suriname: IMF has never ever brought solace anywhere, but we often think that “we” cannot do it. See result IMF Friday: looting just like Lebanon. Rate of 7.3 – 35 and inflation of 54%! And the pain will keep coming. Solution model Phase 1: (1-4 months) Alternative capital: find…
Read more
What does that mean for the digital economy? eyesonsuriname Amsterdam, 21 January 2023 — Many cryptocurrency adopters have long known that digital, decentralized finance (DeFi) is going to be significant to the future of money. The rest of the world appears to be catching up. Even legacy institutions have begun offering investors access to crypto…
Read more
The first steps. by Anthony Caram Amsterdam, February 21st 2022– Deep changes are needed, because we are confronted with obstacles and bottlenecks in every area. Therefore, the emphasis should gradually be placed on sustainable production and export growth, controlled consumption at more realistic prices, as well as more balanced budgetary and monetary relations. Prosperity growth…
Read more
To be or not to Be By Heike Meinhardt Amsterdam, February 18th 2022– Given that the IMF, IDB and World Bank are supposed to help Suriname resolve its debt crisis, pushing over $1 billion in new debt worsens the problem. Upholding policies for big oil profits is reckless for Suriname’s finances and devastating for the climate.…
Read more
Possible need for bondholders Part III Global Capital Amsterdam, February 17th 2022– GC: Can you be more specific about the forthcoming proposal to bondholders and other external commercial creditors? Minister Achaibersing: It will contain two components. Firstly, the fixed income part will reflect a reduction of outstanding debt — including accrued interest and arrears — that is…
Read more
Value recovery instruments proposed Part II Global Capital Amsterdam, February 16th 2022– GlobalCapital: Last year, there was a public dispute with bondholders. How are your negotiations going with the bondholder committee today? Finance Minister Armand Achaibersing: Debt restructuring negotiations typically take place amid great uncertainty, and disagreements surrounding the debtor country’s economic prospects are common. But…
Read more
Recent Comments