The Governor of the Central Bank of Suriname has passed away at the age of 74. Governor André Telting reportedly died from a heart attack. His death was confirmed by President Ronald Venetiaan`s outgoing government. Telting had run the bank since 2000 and held the same position from 1993-1996.
`It was a shock,` said Venetiaan, who awarded Telting the nation`s highest decoration last week. `We really thought that for him the time had come to enjoy a rest.` Telting had been due to step down after Venetiaan hands power to incoming president Desi Bouterse on Aug. 12. He succeeded in stabilizing the economy and significantly reducing inflation down to single digits through sound and prudent monetary policies.
The IMF also reacted with shock to the passing of Telting. `It is with great shock and sadness that we have learnt of the sudden death of Governor André Telting, who also served as Alternate Governor on the Fund`s Board of Governors,` the IMF said in a statement.
Suriname was a former Dutch colony which became independent in 1975
For more: CaribWorldNews.com - Global Caribbean Daily Newswire
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