Country Engagement Strategy- Suriname 2024-2030
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Summary

The attached Country Engagement Strategy (CES) sets out the strategic direction for the Caribbean Development Bank’s (CDB/the Bank) engagement with the Government of the Republic of Suriname over the period 2024-2030. Guided by the overarching objectives of Suriname’s Multi‑Annual Development Plan 2022-26, which sets out a strategic vision to transition Suriname towards achieving the Sustainable Development Goals, the CES proposes support for the Government’s efforts to sustain a resilient socio‑economic recovery following the Coronavirus Disease 2019 pandemic.


The CES focuses mainly on the three strategic pillars of: (a) building social resilience; (b) enhancing the climate/disaster resilience of infrastructure and the environment; and (c) facilitating sustainable private sector and agriculture development.

The Bank’s programme of assistance is designed to achieve the CES outcomes of: (i) enhanced water supply provision and resource management; (ii) strengthened social sector; (iii) enhanced access to and quality of education; (iv) enhanced statistical capacity; (v) enhanced procurement capacity; (vi) strengthened environmental management and governance; (vii) increased production and use of sustainable energy; (viii) trade facilitation and enhanced private sector and micro, small and medium-sized enterprise (MSME) resilience; and (ix) enhanced agriculture sector resilience. Innovation, regional cooperation and integration, gender equality and good governance will be mainstreamed in CDB’s interventions. A resource envelope of two hundred and fifty million United States dollars (USD250 mn) has been estimated to fund the indicative programme of assistance.

Table of contents

EXECUTIVE SUMMARY

1. COUNTRY CONTEXT

  • Economic and Social Context
  • Environmental Context

2. KEY DEVELOPMENT CHALLENGES AND MEDIUM-TERM PRIORITIES

3. COUNTRY PORTFOLIO REVIEW AND LESSONS LEARNT

  • Country Portfolio
  • Country Strategy Review 2014-18
  • Lessons Learnt

4. COUNTRY ENGAGEMENT STRATEGY 2024˗2030

  • Strategic Alignment
  • Resource Envelope
  • Strategic Pillars and Country Engagement Strategy Outcomes
  • Implementing the 2024-2030 Strategy
  • Coordination with Development Partners
  • Risk Analysis and Mitigation

APPENDICES