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Economy / Suriname

Political Risks From Devaluation

March 2011 | Economic Analysis

BMI View: We believe that the recent currency devaluation and impending tax hikes in Suriname should help to improve the economy's fiscal position, although higher import bills are likely to drive deterioration in current account dynamics. More importantly, we caution that the resulting uptick of imported inflation will weigh significantly on the country's political risk profile.

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