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 Guilherme Farah Correa
ALTERNATE EXECUTIVE DIRECTOR(S):
- Marta Viegas
ELECTED BY: Brazil and Suriname
Total Contribution: 1,640,970
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’s Country Strategy for Suriname (2021-2025) is designed to support the restoration of macroeconomic sustainability, boost private sector competitiveness, and enhance basic services and social protection.
This strategy focuses on:
- Restoring Macroeconomic Sustainability: Enhancing public expenditure management and reinforcing public administration while safeguarding the social safety net.
- Promoting Private Sector Competitiveness: Fostering a more competitive private sector to drive economic growth and job creation.
- Improving Basic Services and Social Protection: Strengthening access to essential services and social safety nets to support vulnerable populations.
Longer-term priorities include advancing private sector development, accelerating digitalization, improving financial inclusion, and reinforcing social protection systems to ensure sustained progress and stability.
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-T1201 | SOCIAL INVESTMENT | EARLY CHILDHOOD DEVELOPMENT | CARIBEquity - Animation Acceleration Hub: Empowering Caribbean Talent for the Global Market | 367,400.00 | Preparation | |
| SU-T1213 | ENERGY | RURAL ELECTRIFICATION | Support for the Implementation of the Bio-Economy Empowerment in Suriname's Indigenous Communities Through Access to Water, Energy and Telecommunications (BioSweet) | 625,100.00 | Preparation | |
| SU-T1209 | PRIVATE FIRMS AND SME DEVELOPMENT | SMALL AND MEDIUM ENTERPRISE | Business Development and SME Support in Suriname | 200,000.00 | Preparation | |
| SU-T1177 | AGRICULTURE AND RURAL DEVELOPMENT | AGRICULTURAL RESEARCH AND INNOVATION | Technical Support to Improve the Execution of Investment Projects SU-L1020 and SU-L1052 | 400,000.00 | Preparation | |
| SU-T1200 | TRANSPORT | AIRPORT INFRASTRUCTURE | Support for the Improvement of Air Transport in Suriname | 450,000.00 | Preparation | |
| TC9303497 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Study of Microenterprise Sector | 30,000.00 | Closed | Jul. 29, 1993 |
| TC8504129 | - | - | Advisory, Ministry of Natural Resorts | 26,000.00 | Closed | Apr. 17, 1985 |
| TC9509318 | PRIVATE FIRMS AND SME DEVELOPMENT | PRIVATE FIRMS AND SME DEVELOPMENT | Inst.stren.godo & S Schakel Credit Union | 120,000.00 | Closed | Dec. 27, 1995 |
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 367,400.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 625,100.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 200,000.00
- Sector: AGRICULTURE AND RURAL DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 400,000.00
- Sector: TRANSPORT
- Project Status: Preparation
- Approval Date:
- Financing: 450,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Closed
- Approval Date: Jul. 29, 1993
- Financing: 30,000.00
- Sector: -
- Project Status: Closed
- Approval Date: Apr. 17, 1985
- Financing: 26,000.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Closed
- Approval Date: Dec. 27, 1995
- Financing: 120,000.00
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 Guilherme Farah Correa
ALTERNATE EXECUTIVE DIRECTOR(S):
- Marta Viegas
ELECTED BY: Brazil and Suriname
Total Contribution: 1,640,970
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’s Country Strategy for Suriname (2021-2025) is designed to support the restoration of macroeconomic sustainability, boost private sector competitiveness, and enhance basic services and social protection.
This strategy focuses on:
- Restoring Macroeconomic Sustainability: Enhancing public expenditure management and reinforcing public administration while safeguarding the social safety net.
- Promoting Private Sector Competitiveness: Fostering a more competitive private sector to drive economic growth and job creation.
- Improving Basic Services and Social Protection: Strengthening access to essential services and social safety nets to support vulnerable populations.
Longer-term priorities include advancing private sector development, accelerating digitalization, improving financial inclusion, and reinforcing social protection systems to ensure sustained progress and stability.
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-T1201 | SOCIAL INVESTMENT | EARLY CHILDHOOD DEVELOPMENT | CARIBEquity - Animation Acceleration Hub: Empowering Caribbean Talent for the Global Market | 367,400.00 | Preparation | |
| SU-T1213 | ENERGY | RURAL ELECTRIFICATION | Support for the Implementation of the Bio-Economy Empowerment in Suriname's Indigenous Communities Through Access to Water, Energy and Telecommunications (BioSweet) | 625,100.00 | Preparation | |
| SU-T1209 | PRIVATE FIRMS AND SME DEVELOPMENT | SMALL AND MEDIUM ENTERPRISE | Business Development and SME Support in Suriname | 200,000.00 | Preparation | |
| SU-T1177 | AGRICULTURE AND RURAL DEVELOPMENT | AGRICULTURAL RESEARCH AND INNOVATION | Technical Support to Improve the Execution of Investment Projects SU-L1020 and SU-L1052 | 400,000.00 | Preparation | |
| SU-T1200 | TRANSPORT | AIRPORT INFRASTRUCTURE | Support for the Improvement of Air Transport in Suriname | 450,000.00 | Preparation | |
| TC9303497 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Study of Microenterprise Sector | 30,000.00 | Closed | Jul. 29, 1993 |
| TC8504129 | - | - | Advisory, Ministry of Natural Resorts | 26,000.00 | Closed | Apr. 17, 1985 |
| TC9509318 | PRIVATE FIRMS AND SME DEVELOPMENT | PRIVATE FIRMS AND SME DEVELOPMENT | Inst.stren.godo & S Schakel Credit Union | 120,000.00 | Closed | Dec. 27, 1995 |
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 367,400.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 625,100.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 200,000.00
- Sector: AGRICULTURE AND RURAL DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 400,000.00
- Sector: TRANSPORT
- Project Status: Preparation
- Approval Date:
- Financing: 450,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Closed
- Approval Date: Jul. 29, 1993
- Financing: 30,000.00
- Sector: -
- Project Status: Closed
- Approval Date: Apr. 17, 1985
- Financing: 26,000.00
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Closed
- Approval Date: Dec. 27, 1995
- Financing: 120,000.00
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