AGP Executive Report
Last update: 8 hours agoCredit Rating: S&P upgraded Suriname’s long-term debt rating from CCC+ to B- with a stable outlook, citing higher gold revenues and expected oil production from 2028. Weak institutions and debt management remain risks, and the rating is still speculative. Trade and Investment: The IDB says Suriname and Guyana drove Caribbean export growth, which rose 19.1% in the first half of 2026. The bank says stronger domestic rules could help turn export gains into more investment. Oil Sector Opportunities: Suriname’s growing oil and gas industry could open contracts and investment opportunities for Curaçao, Aruba and Sint Maarten businesses, while cross-border tax issues will need careful planning. Transport and Services: Guyana’s MB Sandaka has taken over the ferry route while Canawaima is in dry dock; Suriname’s labor inspectors also fined Canawaima after workers complained of late pay and other workplace issues. Public Finances and Infrastructure: The government is seeking an IDB loan to upgrade the Ornamibo dump, which lacks certified waste-processing facilities needed by future oil and gas businesses.
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