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News from Suriname:




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Suriname to improve governance and strengthen energy sector with $70 million IDB loan

June 9, 2016
Suriname to improve governance and strengthen energy sector with $70 million IDB loan PARAMARIBO, Suriname -- Suriname will increase the efficiency, transparency, sustainability and accountability of its energy sector, supported by a $70 million loan approved by the Inter-American Development Bank (IDB). It will be able to provide more reliable and sustainable energy.

Unions in Suriname plan prolonged protests against IMF program

June 4, 2016
Unions in Suriname plan prolonged protests against IMF program PARAMARIBO, Suriname -- Residents in Suriname are preparing for a prolonged series of protest demonstrations against the fallout from the ongoing financial and economic crisis in the country. For the second time in three weeks several thousand people marched in the streets in Paramaribo...

Suriname ethnic Javanese seek to expand economic ties with the 'Bahasa Motherland'

June 3, 2016
Suriname ethnic Javanese seek to expand economic ties with the 'Bahasa Motherland' PARAMARIBO, Suriname -- Dr Jim Rasam, CEO of Intermed Group, during his visit to Indonesia to participate in the 41st Islamic Bank Governors meeting in Jakarta, used the opportunity to make contacts with potential investors from the Bahasa-speaking nations of Indonesia and...

Exercise Tradewinds 2016 starts Sunday in Grenada

June 2, 2016
Exercise Tradewinds 2016 starts Sunday in Grenada ST GEORGE’S, Grenada -- Beginning Sunday, June 5, military and security forces from Caribbean nations will join the United States, Canada, France, and the United Kingdom for maritime and internal security and disaster response training in Grenada as part of Exercise Tradewinds 2016.

Turkish Airlines to support Guyana- and Suriname-based airlines

May 30, 2016
Turkish Airlines to support Guyana- and Suriname-based airlines ISTANBUL, Turkey -- Airlines based in Guyana and Suriname, members of the Islamic Development Bank (IsDB), will benefit from an agreement signed on May 25 between Turkish Airlines (THY) and the IsDB to enhance cooperation among 57 members of the bank, according to a statement...

IMF approves US$478 million stand-by credit for Suriname

May 30, 2016
IMF approves US$478 million stand-by credit for Suriname WASHINGTON, USA -- The executive board of the International Monetary Fund (IMF) on Friday approved a 24-month stand-by arrangement (SBA) for Suriname, in an amount equivalent to SDR 342 million (about US$478 million or 265 percent of quota), to support the government’s...

Insel Air becomes first airline to reconnect Guyana and Brazil

May 27, 2016
Insel Air becomes first airline to reconnect Guyana and Brazil WILLEMSTAD, Curacao -- As of July 4, 2016, Insel Air of Curacao will connect Guyana and Brazil by air after a five-year void of no direct air services between the two countries that share a vast frontier. This long awaited service is welcomed by the public. The last airline to fly this route...

Suriname seeks to expand Islamic banking and finance

May 23, 2016
Suriname seeks to expand Islamic banking and finance JAKARTA, Indonesia -- The Surinamese delegation headed by minister of finance, Gillmore Hoefdraad, who just attended the 41st annual meeting of the Islamic Development Bank (IsDB) in Jakarta, Indonesia, last week, had a fruitful and robust engagement at the meeting, including the development of...

Suriname Parliament approves Islamic (OIC) Charter

May 21, 2016
Suriname Parliament approves Islamic (OIC) Charter PARAMARIBO, Suriname -- After three rounds of debates, the Parliament of Suriname, with 28 votes in favour, ratified the revised Charter of the Organisation of Islamic Cooperation (OIC) on Thursday amidst an abstention from the Hindustani Party (VHP). Suriname has been a member...

Non-stop flights between Suriname and New York still on SLM radar

May 21, 2016
Non-stop flights between Suriname and New York still on SLM radar PARAMARIBO, Suriname -- After more than eight years, Suriname’s Johan Pengel International Airport, with the cooperation of the United States, has now been certified as a category 1 airport, which will now allow Suriname-based airlines to fly non-stop to the US and, with this...

CDB approves US$50 million loan to Suriname

May 18, 2016
CDB approves US$50 million loan to Suriname KINGSTON, Jamaica -- The Caribbean Development Bank (CDB) board of directors on Monday approved a US$50 million policy-based loan to Suriname to urgently address the country’s fiscal imbalances, through support for energy sector reforms. Suriname has already begun...

Thousands in Suriname protest against electricity price hike

May 14, 2016
Thousands in Suriname protest against electricity price hike PARAMARIBO, Suriname -- Over 5,000 disgruntled citizens took to the streets in Suriname’s capital Paramaribo on Friday to protest against a steep price hike for electricity. The move to increase the price came just days after the International Monetary Fund (IMF) advised the Bouterse-administration...

Islamic Bank South South cooperation to improve rice production in Suriname

May 7, 2016
Islamic Bank South South cooperation to improve rice production in Suriname PARAMARIBO, Suriname -- The Islamic Development Bank (IsDB), through its “reverse linkage” initiative to enhance South/South cooperation among its 57 members, is matching the challenge of Suriname with the experience of Malaysia so that the two countries can collaborate...

Guyana and Suriname finance ministers to attend Islamic Bank meeting

May 6, 2016
Guyana and Suriname finance ministers to attend Islamic Bank meeting JAKARTA, Indonesia -- The finance minister of Guyana and governor to the Islamic Development Bank (IsDB), Winston Jordan, along with his Surinamese counterpart, Gillmore Hoefdraad, will travel to Indonesia to attend the 41st board of governors meeting to be held May 15-19.

Suriname seeks cooperation agreement with Turkish Airlines

May 6, 2016
Suriname seeks cooperation agreement with Turkish Airlines PARAMARIBO, Suriname -- When the foreign minister of Suriname, Niermala Badrising, attended the 13th Organisation of Islamic Cooperation (OIC) heads of government summit in Istanbul in April, she delivered a proposal to the Turkish government soliciting Turkish Airlines cooperation.

Suriname and St Vincent and the Grenadines human rights records to be reviewed

May 3, 2016
Suriname and St Vincent and the Grenadines human rights records to be reviewed GENEVA, Switzerland -- The human rights records of both Suriname and St Vincent and the Grenadines (SVG) were due to be examined by the UN Human Rights Council’s Universal Periodic Review (UPR) Working Group for the second time on Monday. Suriname and SVG are two of the...

The Caribbean's 'Disappearing People' renew claim for rights and survival

April 30, 2016
The Caribbean's 'Disappearing People' renew claim for rights and survival BELIZE CITY, Belize -- In many Caribbean lands, they now exist only in history books, having moved, been killed off or exiled when conquering Europeans came in the 16th and 17th century. In Belize, Guyana, Suriname, Dominica, St Vincent and the Grenadines, and Trinidad and...

Suriname's top diplomat calls on Islamic bloc to invest

April 20, 2016
Suriname's top diplomat calls on Islamic bloc to invest ISTANBUL, Turkey -- At the just concluded 13th Organisation of Islamic Cooperation (OIC) heads of government summit in Istanbul, the foreign minister of Suriname, Niermala Badrising, used the occasion to showcase her country and urged member states to invest in Suriname.

Islamic bloc calls for international conference on slavery reparations

April 18, 2016
Islamic bloc calls for international conference on slavery reparations ISTANBUL, Turkey -- The 13th Organisation of Islamic Cooperation (OIC) summit, which ended on Friday in Istanbul, Turkey, in its communiqué threw its full support behind the Caribbean community and the African Diaspora in their quest to convene an international conference to...

IMF reaches agreement with Suriname on US$478 million stand-by facility

April 18, 2016
IMF reaches agreement with Suriname on US$478 million stand-by facility PARAMARIBO, Suriname -- A staff team from the International Monetary Fund (IMF) led by Daniel Leigh visited Paramaribo March 30-April 12 2016 for discussions with the Suriname government. At the end of the visit, Leigh issued the following statement: “The IMF team has...

US releases 2015 human rights report

April 15, 2016
US releases 2015 human rights report WASHINGTON, USA -- On Wednesday, the US State Department released its 2015 Country Reports on Human Rights Practices, which include a number of countries in the Caribbean region. Speaking to reporters Secretary of State John Kerry emphasised that the human rights standards...

Suriname foreign minister in Istanbul for Islamic summit; Guyana absent

April 15, 2016
Suriname foreign minister in Istanbul for Islamic summit; Guyana absent ISTANBUL, Turkey -- The foreign minister of Suriname, Niermala Badrising, is in Turkey representing President Desi Bouterse at the 13th Organisation of Islamic Cooperation (OIC) Summit, which commenced on Wednesday under the theme “Unity and Solidarity for Justice and Peace”.

IDB study says $1.8 billion needed to end poor housing conditions in the Caribbean

April 11, 2016
IDB study says $1.8 billion needed to end poor housing conditions in the Caribbean WASHINGTON, USA -- Approximately US$1.8 billion would be needed to end poor housing conditions currently endured by 1 million residents in The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago, according to a new Inter-American Development Bank report.

Guyana and Suriname to take part in Islamic summit

April 9, 2016
Guyana and Suriname to take part in Islamic summit GEORGETOWN, Guyana -- The Western Hemisphere's only two members of the Organization of Islamic Cooperation (OIC), Guyana and Suriname, will participate in next week's 13th Summit of the OIC from April 10-15 in Istanbul, Turkey. The president and the foreign minister...

Bank membership tremendous benefit for Guyana, says Suriname Islamic Bank governor

April 9, 2016
Bank membership tremendous benefit for Guyana, says Suriname Islamic Bank governor PARAMARIBO, Suriname – Guyana, which recently joined the Islamic Development Bank (IsDB), will definitely draw criticism from various elements but Suriname's alternate governor to the IsDB, Ambassador Anwar Lall Mohamed, sees this as a "wise decision and that it will...

Guyana and Suriname should renegotiate restrictive air agreements with Brazil and Colombia, says IDB report

April 4, 2016
Guyana and Suriname should renegotiate restrictive air agreements with Brazil and Colombia, says IDB report WASHINGTON, USA -- An Inter-American Development Bank (IDB) report calls for Guyana and Suriname to renegotiate their respective air services agreements (ASA) with Brazil and Colombia because they are very restrictive and not good for the development of the civil aviation industries of...

IDB report critical of Guyana Civil Aviation Authority's extensive powers

March 28, 2016
IDB report critical of Guyana Civil Aviation Authority's extensive powers WASHINGTON, USA -- A November 2015 report compiled by the Inter American Development Bank (IDB), was critical of the state of civil aviation in Guyana, and the Guyana Civil Aviation Authority (GCAA) came under heavy criticism for controlling both technical regulations and policymaking.

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