PARAMARIBO (Reuters) -The Inter-American Development Bank (IDB) could approve another $500 million, on top of the $500 million already signed off on, for Suriname within the next year, the lender’s head said on Tuesday.

IDB President Ilan Goldfajn, speaking from the South American nation, said that the additional credit would be pending authorities’ approval.

(Reporting by Ank Kuipers; Editing by Kylie Madry)

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