AGP Executive Report
Last update: 6 hours agoRegional Payments: CARICOM’s CAPSS payment system has entered a pilot across 11 jurisdictions, aiming to make cross-border payments in local currencies faster and cheaper for businesses. Debt Management: Suriname converted about US$150 million in IDB debt into a fixed-rate Surinamese-dollar loan, reducing exposure to currency and interest-rate swings through 2044. Oil and Housing: Suriname and Curaçao discussed using future oil revenues to support housing, jobs and local suppliers. Trade: Authorities are unloading a seized 384.8-tonne Guyanese rice shipment after an import-approval dispute; the importer has sought to send it back. Gold Sector: Lawmakers want an investigation into large-scale mining at Pelin Bergi, citing possible lost tax revenue and environmental risks. Critical Resources, meanwhile, has begun due diligence on two Suriname gold projects. Growth Outlook: The World Bank projects Suriname’s economy will grow 3.9% in 2026 and accelerate to 21.5% in 2028.
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