The International Monetary Fund (IMF) today announced the forthcoming closure of its resident representative office in Paramaribo, a move that follows Suriname’s successful completion of a multi-year economic stabilisation programme.
The office, led by Mr. Charles Amo-Yartey, is scheduled to cease operations at the end of April 2026. It was originally established in June 2022 to facilitate enhanced engagement after the IMF’s Executive Board approved an Extended Fund Facility (EFF) arrangement for the South American nation.
Suriname concluded the EFF in March 2025, bringing to a close an intensive initiative designed to restore macroeconomic stability, fortify public finances, and advance structural reforms. According to the IMF, the programme’s completion was a reflection of the country”s sustained policy implementation and tangible progress toward re-establishing debt sustainability and external viability.
Following the end of the facility, the Fund also concluded its 2025 Article IV Consultation with Suriname in January of this year.
Looking ahead, the IMF noted that Suriname is poised to commence large-scale oil production in the medium term, which holds the potential to generate significant improvements in living standards for its population.
At this critical juncture, the Fund affirmed its commitment to a continued close partnership with the country. Future engagement will be managed from IMF headquarters in Washington, D.C., and the Caribbean Regional Technical Assistance Centre (CARTAC) in Barbados. This will include enhanced bilateral policy consultations, Post Financing Assessments, and intensive capacity development.
In its statement, the Fund expressed its appreciation to the Surinamese authorities for their cooperation and hospitality during the operational period of the Paramaribo office.