On July 6, 2025, Suriname’s Parliament elected Jennifer Geerlings-Simons as the country’s first female President. This historic decision comes at a time when the nation is facing economic problems. Her election is a key moment in Suriname’s political history, and people hope she will help improve the country’s financial situation.
Historic Win for a Woman Leader
Jennifer Geerlings-Simons, a 71-year-old doctor and congresswoman, made history by becoming the first woman President of Suriname, a country in South America. She was elected by Suriname’s National Assembly, which chooses the President through a two-thirds vote. She ran unopposed, meaning no one else stood against her, as her party had already formed a strong coalition to win power after May’s election, which ended without a clear winner.
She will officially take office on July 16, 2025. In her speech after the win, she said, “I am aware that the heavy task I have taken on is further aggravated by the fact that I am the first woman to serve the country in this position.”
A Country in Financial Trouble
Suriname is currently dealing with economic challenges. Outgoing President Chandrikapersad Santokhi had to turn to the International Monetary Fund (IMF) to help fix the country’s economy. Although some economic success was achieved through austerity measures like cutting subsidies and restructuring debt, it caused public protests due to the hardship people faced.
Now, Geerlings-Simons and her Vice President-elect Gregory Rusland have promised to work on stabilizing the economy. One of her plans is to increase government income by improving tax collection, especially in the small-scale gold mining sector.
Hopes Tied to Oil Discovery
Suriname is hoping for better days ahead due to the recent discovery of major offshore oil deposits. The first oil production is expected to begin in 2028, which could bring in a lot of money for the country. However, experts like Winston Ramautarsingh, a respected economist, warned that until then, Suriname must pay about $400 million every year in debt and interest — money the country currently does not have. The debt delay by the previous government was only temporary.


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