by Natalie Moodey | Aug 4, 2025 | Caribbean news
Suriname’s National Assembly has elected Jennifer Geerlings-Simons as the country’s first female president, ending a political stalemate after May’s inconclusive election. Running unopposed within a new coalition, the 71-year-old MP was sworn in days later. She...
by Natalie Moodey | Dec 9, 2024 | Caribbean news
Suriname and China sign US$476mn debt restructuring agreement Suriname and China have finalised a landmark agreement to restructure US$476mn in debt, marking a crucial step towards stabilising the South American country’s fragile economy. The deal, signed after...
by Natalie Moodey | Nov 7, 2024 | Caribbean news
Moody’s upgrades credit rating Moody’s Ratings upgraded Suriname’s credit rating by two notches from Caa3 to Caa1 and changed the outlook to positive, following approval of major offshore oil projects. The upgrade is driven by expected high economic growth and...
by Natalie Moodey | Oct 7, 2024 | Caribbean news
TotalEnergies and APA Corporation announced a historic US$10.5bn Final Investment Decision (FID) to develop the “GranMorgu” oil field on Suriname’s Block 58. This landmark project, which marks the nation’s first offshore oil development, is expected to generate...
