Suriname Election: Battle for Oil and Power as Voters Head to the Polls
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Politics
May 24, 2025 14:14
suriname, paramaribo - Suriname gears up for elections amid oil riches, with focus on economic crisis and future oil revenues. Get the latest updates on Telegraaf.nl.
Suriname Election: Battle for Control
As Suriname prepares for elections, the race intensifies over who will control the country's oil billions. The campaign is marked by contrasting narratives, with the ruling party blaming the current president for deepening the economic crisis, while the opposition highlights past mismanagement.
Key Players and Issues
The National Democratic Party (NDP), led by the late Desi Bouterse, is rallying its supporters, portraying the incumbent president, Chan Santokhi, as the cause of the country's woes. Meanwhile, Santokhi's VHP party emphasizes its efforts to stabilize the economy after inheriting a near-bankrupt state.
Future Prospects and Challenges
The upcoming elections are crucial as Suriname stands to benefit from massive oil reserves discovered off its coast. With projected revenues of up to $26 billion, the country could see a significant transformation. However, concerns linger over the transparency and accountability of managing such vast resources in a nation historically plagued by corruption.
Despite promises of prosperity from oil investments, the electorate remains divided over which party can lead Suriname towards a better future amidst economic hardships and currency devaluation.