The term of powers of President Chandricapersad Santokha for five years was filled with corruption scandals, and he was forced to ask for help from the International Monetary Fund (IMF) to make the economy to the Surinam.
As a result, the country’s public debt is mainly planned, and state subsidies are significantly reduced. Macroeconomically, Santokhi managed to achieve progress, but people complained under the pressure of a policy of savings, which then caused loud protests.
Hyerling-Simons and his partner Gregory Rusland on Sunday stated that they are the priority of stabilization of public finance. Earlier, he expressed his interest in increasing state revenues, among other things, by improving the tax collection system, including in the small gold mining sector.
Winston Ramautarsingh, the former chairman of the economist of the Surinam, said that GeeerLings would face serious problems in the next few years before the country began to extract oil, among other things, because the government was supposed to recoup about 400 million US dollars a year in the form of debt and interest.
“Surinam has no money,” he said. “The previous government has suffered debts, but it was only a delay.”
