Suriname | Possible Stability In Economy || Not Getting Worse And Not Getting Better
The financial situation in Suriname seems to be stabilizing a bit. This is good news or bad news depending on if you're a half glass full or a glass half empty kind of person. And of course whether you live here like me. It's good news because that means the situation is not getting consistently worse like it used to. But bad news because it's still not getting better, and is probably not going to in the near future.
The banks are also making some changes and lifting some limits they previously had. It's not what it used to be, but it's a step in the right direction. Foreign currency seems to be more available now and people aren't hoarding it as much. But just one fluctuation might change all of that.
The limits on foreign currencies by banks being less harsh are a relief though. We used to be able to only withdraw $100 a week, now that's been increased to $2000 a month I think. More than enough for the average household, and a bit more workable for the small businessman or businesswoman.
Times are tough. Probably not just in Suriname, but in different countries all over the world. Most have been hit by the effects of the pandemic. Others also by ongoing corruption and inflation. And now some are even feeling the hit of the ripples of war.
I wouldn't say the situation is getting certain here, but it's definitely getting less uncertain. Having a positive outlook on life and trying to enjoy the things you enjoy helps quite a lot with this process. Those who work hard and are smart with their funds will eventually beat the system, hopefully on such a level as to not be affected by any fluctuation. Only time will tell.
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