3 Min Read
LONDON (Reuters) - Suriname Eurobond creditors accused the government on Friday of breaching its obligation of negotiating its debt overhaul in good faith and threatened to reinstate payments they previously agreed to defer.
Suriname, battling high inflation and the economic fallout of the coronavirus pandemic, accused the bondholder committee of making false statements and urged it to “reconsider this ill-informed course of action.”
Creditors last month agreed to defer payments on $675 million in bonds, but on Friday said Suriname had not allowed them sufficient participation in a $690 million staff-level financing deal with the International Monetary Fund.
“The committee believes that Suriname has already breached its obligation to negotiate in good faith, as required by the terms of the Eurobonds,” the creditors said in a statement.
3 Min Read
LONDON (Reuters) - Suriname Eurobond creditors accused the government on Friday of breaching its obligation of negotiating its debt overhaul in good faith and threatened to reinstate payments they previously agreed to defer.
Suriname, battling high inflation and the economic fallout of the coronavirus pandemic, accused the bondholder committee of making false statements and urged it to “reconsider this ill-informed course of action.”
Creditors last month agreed to defer payments on $675 million in bonds, but on Friday said Suriname had not allowed them sufficient participation in a $690 million staff-level financing deal with the International Monetary Fund.
“The committee believes that Suriname has already breached its obligation to negotiate in good faith, as required by the terms of the Eurobonds,” the creditors said in a statement.
3 Min Read
LONDON (Reuters) - Suriname Eurobond creditors accused the government on Friday of breaching its obligation of negotiating its debt overhaul in good faith and threatened to reinstate payments they previously agreed to defer.
Suriname, battling high inflation and the economic fallout of the coronavirus pandemic, accused the bondholder committee of making false statements and urged it to “reconsider this ill-informed course of action.”
Creditors last month agreed to defer payments on $675 million in bonds, but on Friday said Suriname had not allowed them sufficient participation in a $690 million staff-level financing deal with the International Monetary Fund.
“The committee believes that Suriname has already breached its obligation to negotiate in good faith, as required by the terms of the Eurobonds,” the creditors said in a statement.
By Reuters Staff
2 Min Read
PARAMARIBO (Reuters) - Suriname launched a coronavirus vaccination campaign on Tuesday with a small batch of donated doses, as the South American nation seeks a steady supply of inoculations.
Slideshow ( 2 images )
The impoverished country, which has a population of about 600,000, has reported 8,869 cases of COVID-19 and 168 deaths. It hopes to bring in 400,000 doses by the end of the year.
It began the inoculation effort with 1,000 doses provided by Barbados and is expecting to receive a donation of 50,000 doses of the AstraZeneca vaccine from India as early as this week, Public Health Minister Amar Ramadhin said.
Escándalos de vacunación en América Latina: los poderosos y sus aliados se saltan la fila infobae.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infobae.com Daily Mail and Mail on Sunday newspapers.