Suriname’s Stalled Oil Boom Adds To Economic Headwinds

The former Dutch colony of Suriname is struggling to recover from the economic devastation of the pandemic. Civil dissent is intensifying with riots sparked by rising food and fuel prices rocking the capital Paramaribo. The emerging economic and political crisis is rooted in the corruption, poor policy and ballooning public debt that occurred during the 10-year rule of Santokhi’s predecessor Dési Bouterse. The headwinds buffeting Suriname are compounded by the fallout from the 2020 COVID-19 pandemic, which hit the impoverished…