Suriname Choin President Cheated amid economic uncertainty Politics News

Jennifer Geralds Simons to lead the poor country of Latin America through crises before the arrival of oil wealth.

Sorinam was elected Jennifer Geralds Simons as its first president, as Parliament supported the 71 -year -old physician and legislator to lead the South American State that struck the crisis.

Her election came after a coalition deal was concluded in the National Assembly, which was voted by a two -thirds majority on Sunday.

This step followed the non -decisive opinion polls and the escalating pressure to replace the outgoing president, Chandrikbres Santuki, whose term of its mandate has marked the scandals of corruption and harsh austerity.

Geerals-Simons, the leader of the National Democratic Party, ran without opposition and will take office on July 16.

After her assertion, she said: “I realize that the heavy task I took increases her exacerbation of the fact that I am the first woman to serve the country in this position.”

Her colleague Gregory Rosland will join her, as the couple inherits a country that struggles under the weight of economic difficulties, low benefits, and large -scale frustration. While the Santuk government managed to restructure debts and restore the stability of the macroeconomic with the support of the International Monetary Fund, it led to mass protests against deep discounts.

With Suriname is expected to start production Marine oil in 2028Geerlings-Simons promised to focus on the stability of the state’s financial. She previously pledged to increase revenues by tightening taxes, including small gold miners.

Economists warn that they are facing a rocky path forward. Winston Ramotzing, the former president of the National Association for Economists, said that Surinam should pay about $ 400 million annually in debt service.

“Surinam has no money,” he said. “The previous government rescheduled debts, but this was only a postponement.”

Geerlings-Simons will now be assigned to direct the 646,000 Dutch-speaking country-speaking country during a fragile period, and a balance between general discontent with the promise of oil wealth in the future.

With Sorinam’s willingness to celebrate 50 years since independence from the Netherlands in November, the South American country is suspended in a new era led by oil wealth and deepening relations with China.

In 2019, it joined China Belt and Road InitiativeIt became one of the first Latin American countries to have signed the vast infrastructure project.

Suriname is one of the poorest countries in the continent, despite its rich ethnic fabric that includes the descendants of Africans, the original groups, the Indonesians, the Indonesians, the Chinese settlers, and the Dutch.