COVID 19: Socioeconomic Implications on Suriname

As of May 5, the Surinamese authorities confirmed a total of 10 COVID-19 cases, including 1 COVID-19 related death and 9 people who have recovered. Sixty-nine people are in quarantine. The country confirmed its first imported COVID-19 case on March 13, 2020. The authorities acted swiftly to contain further importation of the virus by closing all bordersland, sea, and airindefinitely. The authorities also limited social gatherings, closed all schools and universities, and restricted in-restaurant and bar dining services to prevent community spread. While these measures would have contributed to “flattening the curve,” they are having adverse socioeconomic implications. This note examines the forecasted macroeconomic impact and the vulnerability of households and firms to the ongoing shock.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Jeetendra Khadan
Language:English
Published: Inter-American Development Bank
Subjects:Private Sector, Tourism, Poverty, Export, Commodity Price, Coronavirus, Pandemic, Social Distancing, L25 - Firm Performance: Size Diversification and Scope, N16 - Latin America • Caribbean, I32 - Measurement and Analysis of Poverty, Suriname;Poverty;private sector;COVID-19;macroeconomics,
Online Access:http://dx.doi.org/10.18235/0002368
https://publications.iadb.org/en/covid-19-socioeconomic-implications-on-suriname
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