(Adds context of debt restructuring in paragraphs 3, 4)
PARAMARIBO, May 9 (Reuters) - A mission from the
International Monetary Fund is on the ground in Paramaribo for
talks with Suriname authorities on a visit scheduled to run
until Friday, the finance ministry said.
The mission to the South American country, which began on
Monday, is to "discuss a range of issues with the government,
including their progress in addressing their debt," according to
IMF Mission Chief for Suriname, Anastasia Guscina.
The visit comes days after Suriname reached an agreement
with its Eurobond creditor committee for the restructuring of
its debt, a deal that is contingent on the government clinching
a staff-level agreement with the IMF.
A nearly $700 million program was agreed in late 2021, but
it stalled more than a year ago.
Finance Minister Stanley Raghoebarsing announced on Friday
that an IMF technical mission would visit, while the length of
the mission was in a Finance Ministry letter to one of the
stakeholders.
(Reporting by Ank Kuipers in Paramaribo and Jorgelina do
Rosario in London
Writing by Rodrigo Campos Editing by Karin Strohecker and Mark
Potter)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.