“Na­ti­on can’t ta­ke it”

Times of Suriname - - ENGELS -

Scrap­ping the elec­tri­ci­ty sub­si­dy and rai­sing fu­el tax cur­rent­ly are not on the govern­ment’s list of pri­o­ri­ties. Alt­hough the­se fis­cal me­a­su­res which are in­clu­ded in the Sta­bi­li­za­ti­on and Re­co­ve­ry Plan 2016-2018, are es­sen­ti­al for the ma­croeco­no­mic rest the govern­ment ack­now­led­ged that the pe­o­p­le cur­rent­ly would not be ab­le to af­ford the­se hi­kes. The govern­ment and the In­ter­na­ti­o­nal Mo­ne­ta­ry Fund (IMF) are not on the sa­me pa­ge when it co­mes to the­se two hi­kes. It did not co­me to a sur­pri­se to the govern­ment that the IMF in its Ar­ti­cle IV re­port men­ti­o­ned scrap­ping the elec­tri­ci­ty sub­si­dy as of Ja­nu­a­ry 1, 2017. Fi­nan­ce Mi­nis­ter Gill­m­o­re Hoef­draad poin­ted out that this was ne­ver dis­cus­sed with the IMF. “The mes­sa­ge to the IMF mis­si­on was that the

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