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VN herziet groei economieën Latijns-Amerika en Caribisch gebied

De economieën in Latijns-Amerika en het Caribisch gebied zullen naar verwachting in 2025 met 2,4% groeien. De economieën worden gedreven door de binnenlandse consumptie maar worden getemperd door het risico van verergering van de mondiale geopolitieke en handelsspanningen. De Economische Commissie voor Latijns-Amerika en het Caribisch gebied (ECLAC) van de Verenigde Naties verhoogde woensdag de prognose van 2,3% in augustus, maar zei dat haar schatting voor de regio een "laag groeitraject" zou handhaven. Volgens het rapport zou de particuliere consumptie de belangrijkste motor voor de groei in de regio zijn, vergelijkbaar met 2024, maar "met een meer gematigde groei." ECLAC…
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Suriname Government Launches Food Basket Scheme to Combat Rising Costs and Support Vulnerable Families

Suriname Government Launches Food Basket Scheme to Combat Rising Costs and Support Vulnerable Families

Paramaribo: The Government of Suriname has announced the launch of its much-anticipated Food Basket Scheme, a significant step aimed at alleviating the financial burdens faced by vulnerable families amidst rising living costs. The initiative underscores the administration's commitment to ensuring food security and supporting low-income households across the nation. The scheme will provide essential food items such as rice, flour, cooking oil, and fresh produce to eligible families at subsidized rates. Designed to address the impacts of inflation and economic challenges, the Food Basket Scheme is part of a broader social welfare program introduced by the government. President Chandrikapersad Santokhi,…
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Suriname gets go ahead to develop oil field

Suriname gets go ahead to develop oil field

Suriname’s new President Chan Santokhi addresses the audience after receiving the presidential sash from outgoing President Desi Bouterse, in Paramaribo, Suriname July 16, 2020. In Guyana, the economic windfall from a humongous offshore oil find in 2015 has already begun to manifest itself since production kicked off in late 2019. The country earns at least $7.6 million daily from production. With two more oil fields set to come on stream in the next three years, officials say the daily figure will more than double once global oil prices hold steady. In the next four years, neighboring Suriname will join Guyana…
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Cash grant for every Surinamese

Cash grant for every Surinamese

Taking its cue from Guyana, which is earning nearly $7 million daily from offshore oil production, the government in neighboring Suriname says it will give every citizen living in the country a cash grant of US$750.00 each from future oil revenues. Announcing the package at the 49th independence anniversary celebrations on Monday, President Chan Santokhi clarified that the government will pay the money from royalties and other revenues after actual oil production begins in 2028   Total Energies of France, which is the lead player in the offshore production effort, had earlier this year made the crucial final investment decision…
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How Suriname and Guyana plan to share oil and gas wealth with citizens

How Suriname and Guyana plan to share oil and gas wealth with citizens

The small South American country of Suriname plans to share revenues from newly discovered oil- and gasfields off its coast. After several discoveries of oil reserves by an offshore drilling project known as Block 58 from 2019 to 2023, President Chan Santokhi has unveiled an ambitious initiative called Royalties for Everyone” (RVI), aimed at ensuring that all Surinamese benefit from the wealth generated for the country, which experts value at about $10bn over the next 10 to 20 years. “The RVI instrument means that every Surinamese who lives in our country receives a savings note worth US$750 with an annual…
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