Suriname’s national debt has increased by approximately USD 800 million during the first year of the Simons administration. This rise has prompted the Association of Economists in Suriname (VES) to raise concerns regarding the quality of the government’s budgetary policy and the economic justification for the new debt.
VES secretary Swami Girdhari noted that while an increase in national debt is not inherently problematic, the current trajectory raises questions about how these funds are being utilized. There are concerns that future oil revenues may be directed toward servicing existing debts rather than being invested in national development.
Article source: dagbladdewest.com | Image credit: DE WEST
Kapouchie Thanks Supporters After Marriage, Says He And Wife Built Something Real Against Criticism
Prestige Holdings Reopens Refurbished Subway Outlet in Port-of-Spain With Mayor Chinua Alleyne Present
Teacher Reportedly Held at Gunpoint and Robbed During Class at San Juan North Secondary
KG And Kareem Marcelle Share Light Moment As Community Unity Continues To Take Shape
Wetman Kenrick Celebrates 62nd Birthday, Sharing One Love Message With Fans Across Trinidad and Tobago
TTPS Reassures Public Amid PDO Revocation and Phased Releases, Emphasizing Continued Law Enforcement and Safety