Suriname Receives $13.7 Million IDB Loan to Improve Education

By: Caribbean Journal Staff - June 24, 2012

Above: Suriname (IDB Photo/Willie Heinz)

By the Caribbean Journal staff

Suriname will soon receive a $13.7 million loan from the Inter-American Development Bank to improve the quality of education in the country.

The loan, which has been approved by the IDB, will support Suriname’s plan to strengthen the efficiency and quality of the new basic education system in the country, along with supporting educational outcomes for students from pre-primary through junior secondary.

“Improving the learning outcomes in core subjects of Dutch and mathematics, training all of Suriname’s approximately 5,000 primary school teachers, supporting efforts to streamline the education system and exploring the use of information and communication technologies in schools will dramatically improve graduates’ ability to access the labour market,” said IDB project team leader Annelle Bellony.

The IDB will finance Suriname’s two-phased education programme, with the first phase addressing the curriculum framework for the basic education system and the second addressing the learning outcomes of students in grades 1 to 8.

The loan is for a 20-year term, with a four-year grace period and a LIBOR-based interest rate.

Suriname’s government is contributing $750,000 to the progarmme’s budget.

Popular Posts the sexiest beaches including this resort at atlantis

The Sexiest Beaches in the Caribbean to Visit Right Now 

One is a beach with a nightclub-style pool right next door. Another is filled with beach bars — and even has its own au natural corner. Then there’s a beach that’s practically a nonstop party.  There are so many things that […]

The Best Caribbean Islands to Visit This Summer, From Antigua to St Croix

verandah antigua

We’ve been saying it for years, and we’ll keep saying it: in some ways, the Caribbean is even better in the summer months. The water is warm. It’s a bit less crowded, a little bit quieter. At night, the trade […]

American Airlines Just Expanded Its French Caribbean Flights

martinique american airlines

From the rainforests to the rum, the haute cuisine to the beaches, the French Caribbean island of Martinique is among the most diverse, fascinating places to visit in the wider region.  And now it’s easier than ever to fly to […]

Related Posts

Data Privacy in the Caribbean: What’s Next

By Gerard Best CJ Contributor Data privacy will be among the items topping the agenda at an upcoming Caribbean Internet Governance Forum to be held by the Caribbean Telecommunications Union (CTU) in Suriname this month. The meeting is part of […]

Suriname Is Seeing a Tourism Surge

By the Caribbean Journal staff It may be far off the radar of most travelers, but Suriname was one of the fastest-growing destinations in the Caribbean Community last year, according to new data from the Caribbean Tourism Organization. The country […]

Doing Business in the Caribbean 2017: Central America Leading By Example

By Paul Hay CJ Contributor Doing Business 2017: Equal Opportunity for All is the 14th in the long-standing series of co-publications by the World Bank and International Financial Corporation (IFC). This annual report on the ease in doing business, now […]


Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.

No. Thank You