Damn it. I wrote a long comment, changed a setting in options and my comment disappeared. Anyway, the long and short of it was that local content producers need to find a different selling point from just "we made it in this country". In any established industry you need to find a way to differentiate your product from the others. With locally produced cars it's usually the price. For a show it might be the topic.
There are things on youtube produced with a very small budget that are still very entertaining, so it's possible to do. The problem is that if you just try to emulate US tv shows without the same budget, you will simply fail. As a local content producer you should have a big advantage over a foreign one: namely that you know what people are interested in culturally. Make a film based on a real life events in that country or use comedy styles specific to that country.
If the government wants to support local content they can offer subsidies. If Netflix agrees to charge the tax, that's fine, but I don't think it will help much with the popularity of local shows. If they are entertaining, people will watch them. If not they will continue to watch foreign stuff.
I'm not a Netflix subscriber, and I no longer live in Suriname, so I couldn't have checked either way. Finally, just look at Chinese action movies or Korean horror movies. Those have small budgets compared to Hollywood movies, yet they are still popular around the world.