High-Level Summary Technical Assistance Reports

Suriname: Financial Stability, Monetary Policy, and Central Bank Communication

By Petr Jakubik, Marek Petrus

April 4, 2025

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Petr Jakubik, and Marek Petrus. "Suriname: Financial Stability, Monetary Policy, and Central Bank Communication", High-Level Summary Technical Assistance Reports 2025, 010 (2025), accessed April 12, 2025, https://doi.org/10.5089/9798229006859.029

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Summary

The technical assistance mission evaluated the Central Bank of Suriname’s (CBvS) communication on monetary policy and financial stability to enhance transparency, consistency, and stakeholder engagement. Recommendations include institutionalizing structured decision-making with fixed schedules for Monetary Policy Advisory Committee (MPAC) and Financial Stability Advisory Committee (FSAC) meetings, followed by policy-setting Executive Board sessions. These efforts should be supported by forward-looking publications, such as the Monetary Policy Report (MPR) and Financial Stability Report (FSR). Enhanced communication strategies, including proactive outreach and capacity-building programs, aim to align CBvS practices with international standards, strengthen credibility, regain public trust, and support its mandate for price and financial stability.

Subject: Financial sector policy and analysis, Financial sector stability

Keywords: CBvS's communication, Central bank communication, Decision making frameworks, Decision-making framework, Financial sector stability, Financial stability, FSAC meeting, Monetary policy, Stakeholder engagement, Transparency

Publication Details

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