Energy Sector Policy-Based Loan

Date of Approval
May, 2016
Country
Approved total
$50,000,000
Partners
African Caribbean Pacific-European Union-CDB-Natural Disaster Risk Management in CARIFORUM Countries Programme
Implementing agency
Ministry of Environment
Status
Active
OVERVIEW

The development objective of the Policy-Based Loan is to support the Government of Suriname in implementing a series of institutional, policy and legislative reforms as it seeks to stabilise the economy and provide a platform for sustainable growth and development. This will be done primarily by strengthening the regulatory framework and improving the efficiency of supply and operational sustainability of the critical energy sector.