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Government of Suriname Accelerates Public Financial Management Reform with FreeBalance


February 7, 2013

Good governance solutions to help achieve sustainable growth through the progressive activation of GRP functions in line with improved public service capacity in Suriname

FreeBalance today announced that the Government of Suriname is deploying a comprehensive FreeBalance solution including software, services, support and capacity building. FreeBalance Accountability Suite software is being deployed throughout the government starting with the Ministry of Finance. The implementation will include all line ministries, sub-national governments and parastatal entities (public works and education).

The FreeBalance solution will enable the Government of Suriname to achieve its Public Financial Management (PFM) reform objective to sustain economic growth. “The highest priority for the Government of Suriname is to sustain economic growth. Sustainable growth will enable us to increase public sector development and citizen service delivery. PFM reform is considered a foundation for these objectives,” said Adelien Wijnerman, Minister of Finance of the Republic of Suriname. The Government of Suriname will be using a modified “platform” approach to PFM reform consisting of four overlapping phases. This approach ensures that there is not an overwhelming “change management” burden and recognizes the need for “small” wins to socialize change. This good practice is a key part of the FreeBalance i3+qM methodology designed for sequencing PFM reform based on the country context.

FreeBalance is also extending its operations in Suriname to include a permanent presence in Paramaribo to support the project and the Government of Suriname. “We are fully committed to supporting the PFM reform objectives of the Government of Suriname. We recognize the need for a strategic partnership is required,” said Manuel Pietra, President & CEO of FreeBalance. “This method ensures financial sustainability as information systems are adapted to the sequence of PFM reform appropriate to Suriname. “The permanent presence in Paramaribo is bolstered with the support of FreeBalance staff and resources from service, support, sales, project, and development offices around the world. This global workforce brings an additional and unique blend of experience, lessons learned, and good practices to the project.

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Matthew Olivier

Matthew Olivier

Vice President, Marketing at FreeBalance
Matthew is responsible for providing strategic marketing, communication, and business development direction for FreeBalance products, solutions and services. Matthew leads marketing and business development activities to support FreeBalance growth and brand awareness in the GRP market.

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