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Suriname

Yearbook 2016

Suriname. According to countryaah, the current population of Suriname is 586,643. President Dési Bouterse, who is accused of being involved in disappearances and executions of political opponents under the military dictatorship under his leadership in the 1980s, was put under new pressure in June when courts withdrew the amnesty law approved by Parliament in 2012 and protected him from prosecution.

2016 Suriname

However, Bouterse immediately ordered the State Prosecutor to interrupt the ongoing legal process against him, citing Article 148 of the Constitution which allows the Head of State to intervene in the State Prosecutor's Office if the national security is in danger. The security situation he pointed out was the economic crisis in which Suriname was hit by dramatically falling prices for the country's export commodities and the risk of foreign dominance in the economy.

Prices of oil, bauxite and gold fell by 50%, 10% and 30% respectively against 2015, which hit the Surinamese economy hard and slowed growth. Particularly critical was the situation for the bauxite, which until 2007 accounted for 70% of the country's total exports, but which has now fallen back to 13%. Its contribution to GDP has more than halved and its share of the state budget has fallen by two-thirds.

Suriname Population

Towards the end of the year, popular protests against economic policy increased, which included tightening measures and price increases for electricity and water to meet the demands of the International Monetary Fund (IMF). In May, the IMF approved new loans of $ 478 million for the government's restructuring measures, and in September, Suriname received $ 1.8 billion from the Islamic Development Bank, dedicated to investments in the energy, agriculture and social sectors.

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