The IDB Country Office of Suriname supports restoring macroeconomic sustainability, promoting private sector competitiveness, and improving basic services and social protection.
Overview
Suriname is a founding member of the Inter-American Development Bank (IDB). As with all IDB shareholders, Suriname appoints a Governor to represent the country on the IDB Board of Governors.
At the IDB Headquarters in Washington, D.C., Suriname is represented on the Board of Executive Directors. This position is shared with Brazil and is held by an Executive Director elected to a three-year term by the Governors of Suriname and Brazil.
Executive Director: Paulo Corrêa
ALTERNATE EXECUTIVE DIRECTOR(S):
- Alfredo De Oliveira Lingoist Junior
ELECTED BY: Brazil and Suriname
Total Contribution: 1,997,965
Number of votes: 12,659
of the institution's ownership
Address: Albergastraat 24 Paramaribo, Suriname
Albergastraat 24 Paramaribo, Suriname
Phone number: (597) 52-1217
E-mail: COF/[email protected]
The IDB Group Country Strategy with Suriname 2026–2030 aims to support the country’s path to translate emerging oil wealth into lasting prosperity by addressing structural constraints that contribute to dependence on extractives and expose the economy to volatility and fiscal instability.
The Strategy identifies three pillars and one cross-cutting area:
- Strengthen Governance and Institutional Capacity: Enhance the ability of the state to manage resources through stronger fiscal management, greater transparency and improved planning for more efficient public service delivery.
- Boost Private Sector Investment: Foster conditions for private sector-led growth by expanding access to finance for micro, small and medium-sized enterprises (MSMEs), improving infrastructure and the business and regulatory environment, supporting direct investments in the productive sector, and addressing skills mismatches in the labor market.
- Reduce Poverty and Improve Social Inclusion: Improving living conditions and support human capital development in urban and rural areas, by expanding access to quality basic services, enhancing social protection systems and promoting cultural heritage preservation as a driver of social cohesion and economic opportunity.
Resilient Natural Capital. Provide tools to value and manage biodiverse natural capital in Suriname while addressing climate and environmental vulnerabilities.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| SU-U0001 | SUSTAINABLE TOURISM | DEVELOPMENT TOURISM DESTINATION & PRODUCT MANAGEMENT | Program for Amazon Conservation and Sustainable Tourism Development in Suriname | - | Preparation | |
| SU-L1079 | AGRICULTURE AND RURAL DEVELOPMENT | SUSTAINABLE AGRICULTURAL DEVELOPMENT | Productive and Resilient Agriculture Program | - | Preparation | |
| SU-T1226 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Productive diversification through Technology Transfer, Innovation, and value chain strengthening | 220,000.00 | Preparation | |
| SU-G1011 | ENERGY | RURAL ELECTRIFICATION | Support for the Implementation of the operation “Bioeconomy Empowerment in Suriname through Access to Water, Energy, and Telecommunications” (SU-L1076) | 2,575,296.00 | Preparation | |
| SU-T1218 | SOCIAL INVESTMENT | EARLY CHILDHOOD DEVELOPMENT | Support for Strengthening Suriname's Social Protection System | 250,000.00 | Implementation | Jun. 15, 2026 |
| SU-T1219 | ENERGY | ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING | Support the Government of Suriname in the understanding, analysis and design of electricity subsidy reforms | 350,000.00 | Implementation | Sep. 8, 2026 |
| SU-T1224 | HEALTH | HEALTH SERVICES | Health Sector Transformation: Analysis and Reform Roadmap for Suriname | 130,000.00 | Implementation | May. 11, 2026 |
| SU-T1214 | TRANSPORT | TRANSPORT NETWORKS CONNECTIVITY | Support for Execution of Transport Sector Projects in Suriname | 200,000.00 | Implementation | Jul. 23, 2026 |
- Sector: SUSTAINABLE TOURISM
- Project Status: Preparation
- Approval Date:
- Financing: -
- Sector: AGRICULTURE AND RURAL DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: -
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 220,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 2,575,296.00
- Sector: SOCIAL INVESTMENT
- Project Status: Implementation
- Approval Date: Jun. 15, 2026
- Financing: 250,000.00
- Sector: ENERGY
- Project Status: Implementation
- Approval Date: Sep. 8, 2026
- Financing: 350,000.00
- Sector: HEALTH
- Project Status: Implementation
- Approval Date: May. 11, 2026
- Financing: 130,000.00
- Sector: TRANSPORT
- Project Status: Implementation
- Approval Date: Jul. 23, 2026
- Financing: 200,000.00
Overview
Suriname is a founding member of the Inter-American Development Bank (IDB). As with all IDB shareholders, Suriname appoints a Governor to represent the country on the IDB Board of Governors.
At the IDB Headquarters in Washington, D.C., Suriname is represented on the Board of Executive Directors. This position is shared with Brazil and is held by an Executive Director elected to a three-year term by the Governors of Suriname and Brazil.
Executive Director: Paulo Corrêa
ALTERNATE EXECUTIVE DIRECTOR(S):
- Alfredo De Oliveira Lingoist Junior
ELECTED BY: Brazil and Suriname
Total Contribution: 1,997,965
Number of votes: 12,659
of the institution's ownership
Address: Albergastraat 24 Paramaribo, Suriname
Albergastraat 24 Paramaribo, Suriname
Phone number: (597) 52-1217
E-mail: COF/[email protected]
The IDB Group Country Strategy with Suriname 2026–2030 aims to support the country’s path to translate emerging oil wealth into lasting prosperity by addressing structural constraints that contribute to dependence on extractives and expose the economy to volatility and fiscal instability.
The Strategy identifies three pillars and one cross-cutting area:
- Strengthen Governance and Institutional Capacity: Enhance the ability of the state to manage resources through stronger fiscal management, greater transparency and improved planning for more efficient public service delivery.
- Boost Private Sector Investment: Foster conditions for private sector-led growth by expanding access to finance for micro, small and medium-sized enterprises (MSMEs), improving infrastructure and the business and regulatory environment, supporting direct investments in the productive sector, and addressing skills mismatches in the labor market.
- Reduce Poverty and Improve Social Inclusion: Improving living conditions and support human capital development in urban and rural areas, by expanding access to quality basic services, enhancing social protection systems and promoting cultural heritage preservation as a driver of social cohesion and economic opportunity.
Resilient Natural Capital. Provide tools to value and manage biodiverse natural capital in Suriname while addressing climate and environmental vulnerabilities.
Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| SU-U0001 | SUSTAINABLE TOURISM | DEVELOPMENT TOURISM DESTINATION & PRODUCT MANAGEMENT | Program for Amazon Conservation and Sustainable Tourism Development in Suriname | - | Preparation | |
| SU-L1079 | AGRICULTURE AND RURAL DEVELOPMENT | SUSTAINABLE AGRICULTURAL DEVELOPMENT | Productive and Resilient Agriculture Program | - | Preparation | |
| SU-T1226 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Productive diversification through Technology Transfer, Innovation, and value chain strengthening | 220,000.00 | Preparation | |
| SU-G1011 | ENERGY | RURAL ELECTRIFICATION | Support for the Implementation of the operation “Bioeconomy Empowerment in Suriname through Access to Water, Energy, and Telecommunications” (SU-L1076) | 2,575,296.00 | Preparation | |
| SU-T1218 | SOCIAL INVESTMENT | EARLY CHILDHOOD DEVELOPMENT | Support for Strengthening Suriname's Social Protection System | 250,000.00 | Implementation | Jun. 15, 2026 |
| SU-T1219 | ENERGY | ENERGY INSTITUTIONAL STRENGTHENING AND CAPACITY BUILDING | Support the Government of Suriname in the understanding, analysis and design of electricity subsidy reforms | 350,000.00 | Implementation | Sep. 8, 2026 |
| SU-T1224 | HEALTH | HEALTH SERVICES | Health Sector Transformation: Analysis and Reform Roadmap for Suriname | 130,000.00 | Implementation | May. 11, 2026 |
| SU-T1214 | TRANSPORT | TRANSPORT NETWORKS CONNECTIVITY | Support for Execution of Transport Sector Projects in Suriname | 200,000.00 | Implementation | Jul. 23, 2026 |
- Sector: SUSTAINABLE TOURISM
- Project Status: Preparation
- Approval Date:
- Financing: -
- Sector: AGRICULTURE AND RURAL DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: -
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 220,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 2,575,296.00
- Sector: SOCIAL INVESTMENT
- Project Status: Implementation
- Approval Date: Jun. 15, 2026
- Financing: 250,000.00
- Sector: ENERGY
- Project Status: Implementation
- Approval Date: Sep. 8, 2026
- Financing: 350,000.00
- Sector: HEALTH
- Project Status: Implementation
- Approval Date: May. 11, 2026
- Financing: 130,000.00
- Sector: TRANSPORT
- Project Status: Implementation
- Approval Date: Jul. 23, 2026
- Financing: 200,000.00
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