World Bank Regional Vice President, Carlos Felipe Jaramillo yesterday paid a working visit to Suriname's President, Chandrikapersad Santokhi for the first time.
The World Bank has announced more support for Suriname while also providing access to funds from the International Development Association.
If the process to become a member of IDA is completed successfully, the CARICOM country can count on a long-term soft loan of $22.5 million.
The World Bank is already financing a number of projects in Suriname related to infrastructure and entrepreneurship, such as the clean-up of the Saramacca Canal and favourable loans for small to medium-sized entrepreneurs to increase production.
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