[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112407-en":3,"doc-seo-112407-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},112407,4398048950312,"Violet","https://ap-avatar.wpscdn.com/avatar/400002538284de19e3c?_k=1778320343897328908",8,"Research & Report","SURINAME SYSTEMATIC COUNTRY DIAGNOSTIC - June 2023 - Executive summary and key challenges","Suriname is a small, natural resource–rich, densely forested upper-middle-income country facing difficult transitions despite strong economic potential. The mining industry anchors the economy: gold mining and milling, alongside oil extraction and refining, drive close to 30% of GDP and around 90% of exports. Between 2015 and 2020, falling commodity prices and policy mismanagement created major macroeconomic imbalances, while the 2020 crisis worsened under COVID-19 lockdowns and produced a sharp GDP decline.","Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nSURINAME  \nSYSTEMATIC  \nCOUNTRY DIAGNOSTIC  \nSURINAME  \nSYSTEMATIC  \nCOUNTRY DIAGNOSTIC  \nJune 2023  \nCONTENTS  \nAbbreviationsand acronyms 5  \nAcknowledgments 6  \nExecutive summary 7  \n1. Introduction 10  \n1.1 The objectives and approach of this diagnostic 11  \n1.2 Historical and demographic background 12  \n1.3 Political context 14  \n1.4 Recent economic developments 15  \n1.5 Poverty and shared prosperity 18  \n2. The challenge: governance and institutions must deliver results for citizens 22  \n2.1 Capacity and government effectiveness 24  \n2.2 Accountability, regulation, and enforcement 26  \n2.3 Corruption and crime 28  \n2.4 Public financial management 31  \n2.5 Statistical capacity 33  \n3. Challenge: the equitable allocation of resource revenue 35  \n3.1 Offshore oil development 37  \n3.2 The fiscal management of nonrenewable natural resource rents and the institutional setup 39  \n4. Challenge: invest in human capital and protect people from shocks 44  \n4.1 Education and child protection 46  \n4.2 Health Care 48  \n4.3 Social assistance 55  \nSURINAME  \nSYSTEMATIC COUNTRY DIAGNOSTIC  \n5. Challenge: Create alternative employment through a thriving private sector 59  \n5.1 Business environment and private sector development 61  \n5.2 Labor market 63  \n5.3 Digital technologies 66  \n6. Challenge: Protect Suriname’s forest, invest in flood protection, decarbonize 69  \n6.1 Forest protection 71  \n6.2 Flood prevention and disaster risk management 74  \n6.3 Decarbonization and energy 77  \n7. High-level outcomes 79  \nHLO 1: Equitable allocation of resource revenues supports growth and poverty reduction 81  \nHLO 2: Increase human capital and protect people from shocks 82  \nHLO 3: Create more and better jobs through a thriving private sector 83  \nHLO 4: Protect forest and living environment in the interior and adapt to increasing flood risks 83  \n8. Data and analysis gaps 85  \n9. References 88  \n10. Annex 98  \nAnnex A. Methodology: Benchmarking 99  \nAnnex B. Methodology: Phone Survey 99  \nAnnex C. Methodology: General Bureau of Statistics Self-Assessment 100  \nAnnex D. Methodology: Microsimulations 100  \nABBREVIATIONSAND ACRONYMS  \nbpd  \nGDP  \nHLO  \niGOPP  \nNDC  \nNIMOS  \nNRF  \nNRPB  \nPAHO  \nRvS  \nSCD  \nSOE  \nSSF  \nStaatsolie  \nUNICEF  \nWHO  \nbarrels per day  \ngross domestic product  \nhigh-level outcome  \nindex of governance and public policy in disaster risk management Nationally Determined Contribution  \nNational Institute for Environment and Development in Suriname Natural Resource Fund (Guyana)  \nnonresource primary balance  \nPan American Health Organization  \nSupreme Audit Institution (Rekenkamer van Suriname) Systematic Country Diagnostic  \nstate-owned enterprise  \nSavings and Stabilization Fund  \nStaatsolie Maatschappij Suriname (Suriname State Oil Company) United Nations Children’s Fund  \nWorld Health Organization  \nSURINAME  \nSYSTEMATIC COUNTRY DIAGNOSTIC  \nACKNOWLEDGMENTS  \nThis first Systematic Country Diagnostic (SCD) of Suriname has been prepared under the leadership of Lilia Burunciuc, Seynabou Sakho, Manuel Reyes-Retana, Ronke-Amoni Ogunsulire, Moritz Nebe, Robert Taliercio, Doerte Doemeland, Ximena Del Carpio, and Carlos Rodríguez-Castelán. The team has benefited from valuable guidance by Shantayanan Devarajan and William Maloney.  \nThe SCD has been prepared by a core World Bank team led by Jacob de Hoop, Diletta Doretti, Joost Draaisma, Bernard Myers, and Javier Suarez, with substantive contributions from Luiz Felipe Almeida, Melissa Brown, and Emily Dahl. The team would like to thank peer reviewers Stuti Khemani, Jeetendra Khadan, Hans Hoogeveen, and Verena Fritz for their valuable insights and comments as well as Alexandru Cojocaru and Samuel Rodriguez for their guidance in the formulation of the highlevel outcomes.  \nThe team benefited from written comments to drafts of the report prepared by James Anderson, ","cbCaidMPT2gHpKYp","https://ap.wps.com/l/cbCaidMPT2gHpKYp","pdf",7203597,1,104,"English","en",105,"# Executive summary\n## Introduction and objectives\n## Governance and institutions\n## Equitable allocation of resource revenues\n## Human capital and shocks\n## Private sector jobs and labor markets\n## Forest, flood protection, and decarbonization\n## High-level outcomes and data gaps\n## References and annexes","[{\"question\":\"What role does the mining sector play in Suriname’s economy?\",\"answer\":\"Mining is the backbone of the economy, with gold mining and oil extraction/refining accounting for nearly 30% of GDP and about 90% of exports.\"},{\"question\":\"What main factors contributed to Suriname’s macroeconomic imbalances in 2015–20?\",\"answer\":\"Declining commodity prices and economic mismanagement led to substantial macroeconomic imbalances during 2015–20.\"},{\"question\":\"What are the diagnostic’s core challenges and priorities?\",\"answer\":\"The diagnostic focuses on governance and institutions, equitable allocation of resource revenues, investing in human capital and protecting people from shocks, creating jobs via a thriving private sector, and protecting forests while investing in flood protection and decarbonization.\"}]",1784494871,262,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":27},"suriname-systematic-country-diagnostic-june-2023-executive-summary-and-key-challenges","",{"@graph":35,"@context":85},[36,53,68],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/suriname-systematic-country-diagnostic-june-2023-executive-summary-and-key-challenges/112407/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-20","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What role does the mining sector play in Suriname’s economy?","Question",{"text":75,"@type":76},"Mining is the backbone of the economy, with gold mining and oil extraction/refining accounting for nearly 30% of GDP and about 90% of exports.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What main factors contributed to Suriname’s macroeconomic imbalances in 2015–20?",{"text":80,"@type":76},"Declining commodity prices and economic mismanagement led to substantial macroeconomic imbalances during 2015–20.",{"name":82,"@type":73,"acceptedAnswer":83},"What are the diagnostic’s core challenges and priorities?",{"text":84,"@type":76},"The diagnostic focuses on governance and institutions, equitable allocation of resource revenues, investing in human capital and protecting people from shocks, creating jobs via a thriving private sector, and protecting forests while investing in flood protection and 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