Based on the available updated and corrected statistics, information and outlook ahead until the beginning of May 2020, the analysis can be summarized as follows:  Due to the outbreak of the Covid-19 pandemic around the world, the IMF expects the global economy to fall into recession in 2020 and contract by 3.0 percent.1. World [...]

In the last quarter of 2019, the average CBvS selling exchange rate of the SRD against the USD is still stable at SRD 7.52, while the Euro exchange rate fluctuates sharply and shows a rising trend since December (see graph). With regard to the cambios, the exchange rate are rising for both the USD [...]

After the economic slowdown and recession in 2014-2016, in which the economy shrank by no less than 5.6 percent in 2016, there was a certain recovery in 2017-2019 with an economic growth rate that was around 2 percent. The drop in world market prices of our most important export products, the complete shutdown of [...]