The Islamic Development Bank Group (IsDBG) launched the new Country Engagement Framework (CEF) for the Republic of Suriname (2024-2026) on 01 May 2024 in Riyadh on the sidelines of the 2024 Islamic Development Bank (IsDB) Group’s Annual Meetings and the Bank’s 50th Anniversary Golden Jubilee.

Launching the CEF reflects the IsDBG’s continued commitment to Suriname’s development for 2024–2026 by allocating an indicative amount of US$235 million under two main pillars. Pillar 1: Igniting Growth and Diversification will support three sectors: energy, agro-industry, and water and sanitation. Pillar 2: Building Human Capital for the Future will support complementary human development by focusing on health, education, and affordable housing. Cross-cutting CEF pillars will include Islamic finance sector development and small and medium-sized enterprise (SME) support, climate change, women and youth empowerment, and capacity development.

Overall, the CEF for Suriname is designed to support the country's development needs by using IsDB‘s operational tools and mechanisms to ensure sustainable development via igniting growth, diversification, and building human capital for the future of Suriname. The CEF for Suriname is accessible via the following link