Suriname’s Finance and Planning Minister Adelien Wijnerman announced Friday that soaring global gold prices have generated substantial revenue gains for the nation throughout 2025 and early 2026. The mineral-rich South American country has experienced measurable improvements in both mining sector revenues and international reserve levels, marking a significant turnaround in fiscal stability.
Minister Wijnerman detailed that beyond conventional tax revenues, non-tax receipts have shown particular strength—primarily royalties and dividends from the mining industry. The international gold market’s robust performance has directly translated into increased sectoral income, contributing to a stronger governmental financial position compared to 2024. While final 2025 figures remain under processing, the minister characterized these developments as “positively transformative” for national finances.
By January 2026, Suriname’s international reserves climbed to approximately $1.8 billion, providing import coverage for 7.8 months. This reserve accumulation stems largely from enhanced mining revenues, particularly gold exports. Minister Wijnerman emphasized that fortified reserves play crucial roles in exchange rate stabilization, meeting foreign debt obligations, and buffering against external economic shocks.
Despite these fiscal improvements, inflation persists as a pressing concern. Annual inflation reached 11.4% in 2025, exceeding 2024’s 10% rate. The minister attributed persistent price pressures to elevated utility tariffs, rising food costs, and broader economic expense developments.
During questioning, Minister Wijnerman corrected previous communications regarding gold royalty rates, confirming the current 5.5% levy remains effective. While a potential reduction to 4.5% remains under discussion, earlier references to 3.5% were acknowledged as erroneous.
The minister cautioned that while elevated gold prices provide immediate fiscal breathing room, Suriname’s economy remains heavily dependent on mining revenues. She stressed that economic diversification remains imperative to reduce vulnerability to commodity price fluctuations and build sustainable long-term resilience.