02120cas a2200241 a 4500 AALejournalIMF018977 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484391853 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Suriname : Selected Issues. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (31 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues explores ways for strengthening the current fiscal framework in Suriname and considers options for a new fiscal anchor. The paper provides an overview of mineral natural resources and their importance for the budget. It also lays out the current framework for fiscal planning and budget execution in Suriname and discusses the analytical underpinnings of modernizing it to make it more robust. The paper also presents estimates of long-term sustainability benchmarks based on the IMF's policy toolkit for resource-rich developing countries. Suriname's fiscal framework can be strengthened through a fiscal anchor rooted in the non-resource primary balance. Given the size of fiscal adjustment required to bring the non-resource primary balance in line with the long-term sustainability benchmark, a substantial transition period is needed to implement it. The IMF Staff's adjustment scenario-designed to put public debt on the downward path-closes the current gap by less than half, implying that adjustment would need to continue beyond the 5-year horizon. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/377 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/377/002.2018.issue-377-en.xml IMF e-Library