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Seychelles Country Report
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Book Synopsis Seychelles by : International Monetary Fund
Download or read book Seychelles written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-10-05 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Book Synopsis Seychelles: Country Reports on Human Rights Practices by :
Download or read book Seychelles: Country Reports on Human Rights Practices written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Department of State Bureau of Democracy, Human Rights, and Labor presents the "2000 Country Reports on Human Rights Practices" for Seychelles, which was released in February 2001. The report provides an overview of the country and discusses the respect for and abuses of human rights in Seychelles.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :145183618X Total Pages :100 pages Book Rating :4.4/5 (518 download)
Book Synopsis Seychelles by : International Monetary Fund
Download or read book Seychelles written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-06-21 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in Seychelles during 1990–95. After growing in 1992 and 1993 by 6.9 percent and 5.1 percent, respectively, real GDP contracted in 1994 by an estimated 1.6 percent, mainly as a result of a sharp decline in tourist receipts and a poor performance in the fishing sector. The annual rate of inflation as measured by the retail price index remained subdued at about 1.6 percent during 1993–94, compared with about 2.6 percent during the preceding two years.
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2018-06-29 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Seychelles’ First Review Under the Policy Coordination Instrument (PCI) and Request for Modification of Targets. All quantitative targets for end-December 2017, the program’s first review test date, were met. Although there are no structural reform targets due for the first review, the structural agenda for 2018 is proceeding in line with the program. Given the authorities’ strong program implementation and continued commitment to safeguarding macroeconomic stability, the IMF staff supports the authorities’ request for the completion of the first review under the PCI and the modification of the end-June 2018 and end-December 2018 quantitative targets for reserve money.
Book Synopsis Seychelles Country Report by : Seychelles. Ministry of Social Affairs and Manpower Development
Download or read book Seychelles Country Report written by Seychelles. Ministry of Social Affairs and Manpower Development and published by . This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2020-05-19 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper refers to Seychelles’ Request for Purchase Under the Rapid Financing Instrument (RFI). The near-term economic fallout of the coronavirus disease 2019 pandemic is expected to be severe. Restriction in travel will hinder tourism and weaken fiscal and external positions, creating large additional financing needs. The authorities reacted swiftly by taking immediate measures of containment, including border closures, strengthening health policy responses and supporting households and firms. The emergency IMF support under the RFI provides timely resources to the authorities to address the urgent balance of payments and budgetary needs. The assistance of other international financial institutions and development partners is crucial to close the remaining financing gaps, ease the adjustment burden, and preserve economic growth. The authorities are committed to transparency and good governance in the use of emergency financing by providing monthly reports of pandemic-related expenditure to the National Assembly and undertaking an independent audit of such spending and procurement and publishing the results.
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-12-22 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Seychelles’ Request for a Three-Year Policy Coordination Instrument (PCI) and Ex Post Assessment of Longer-Term Program Engagement. The PCI for Seychelles will build on the lessons from the previous programs supported by the IMF. It aims to support the authorities’ efforts to consolidate macroeconomic stabilization and foster sustained and inclusive growth. While the PCI involves no use of IMF resources, successful completion of program reviews would help signal Seychelles’ commitment to continued strong economic policies and structural reforms. Risks to the program are considered moderate given Seychelles’ impressive track record under the successive IMF arrangements. The IMF staff support the authorities’ request for a PCI.
Book Synopsis Report on the Economy of the Seychelles and Its Future Development by : John Wilkinson Foster Rowe
Download or read book Report on the Economy of the Seychelles and Its Future Development written by John Wilkinson Foster Rowe and published by . This book was released on 1959 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Country Profile written by and published by . This book was released on 2000 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Monetary and Capital Markets Department Publisher :International Monetary Fund ISBN 13 :151354716X Total Pages :42 pages Book Rating :4.5/5 (135 download)
Book Synopsis Seychelles by : International Monetary Fund. Monetary and Capital Markets Department
Download or read book Seychelles written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2020-06-30 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Assistance (TA) mission focused on scoping the prospects of developing a secondary market for government securities in Seychelles. The Central Bank of Seychelles (CBS) has a leading role in developing the financial markets and thus acted as the primary counterpart for this mission. However, due to the mission being primarily fact-finding it reached out to all various possible stakeholders; the Ministry of Finance Trade Investment and Economic Planning (MoFTIEP), commercial banks, a pension fund, insurance companies, the securities exchange, securities dealers, etc. In addition, the mission sees the need to coordinate with the World bank (WB) and the IMF country (SYC) team as the former is providing assistance within the legal and payment system areas and the latter provides Seychelles with policy advice under the current PCI program.
Book Synopsis The Economy of the Seychelles and Its Future Development by : John Wilkinson Foster Rowe
Download or read book The Economy of the Seychelles and Its Future Development written by John Wilkinson Foster Rowe and published by . This book was released on 1958 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Social Policies in Seychelles by : Liam Campling
Download or read book Social Policies in Seychelles written by Liam Campling and published by Commonwealth Secretariat. This book was released on 2011 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: SOCIAL POLICIES IN SMALL STATES SERIES The country case studies and thematic papers in this series examine social policy issues facing small states and the implications for economic development. They show how, despite their inherent vulnerability, some small states have been successful in improving their social indicators because of the complementary social and economic policies they have implemented. CASE STUDY - SEYCHELLES Seychelles has one of the most extensive social policy programmes in the developing world, and has been identified as a model for the rest of Africa. As a small state, however, it remains economically vulnerable and in 2008 had to accept a financial rescue package from the IMF. This book provides comprehensive analysis of social policy development in the country from the colonial era onwards, focusing on the political and economic developments that have led to the current situation. The challenge now is to maintain current levels of social policy interventions in the face of severe indebtedness and the stagnation of economic growth.
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2015-07-22 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Context: The robust recovery from the 2008 balance of payments and debt crisis has resulted in improved economic and social outcomes. Continued policy discipline and reforms are needed for the microstate to mitigate its geographical and population constraints and maintain momentum in developing a diversified and resilient economy. Focus: With the fiscal stance anchored by the authorities’ debt reduction objective, macroeconomic discussions concentrated on the smooth functioning of monetary and exchange rate policies. On the structural agenda, the dialogue focused on policies to promote sustained and inclusive growth, particularly on the appropriate role for state-owned enterprises (SOEs). Review: The program is on track. The authorities met the end-December quantitative performance criteria except for narrowly exceeding the ceiling on reserve money. The structural agenda remains broadly on track despite some delays. Staff recommends completion of the second review under the Extended Arrangement and modification of the performance criteria for end-June and end-December 2015, and supports the authorities’ request for a waiver for the end-December 2014 performance criterion for reserve money. Outlook and risks: With the external position having stabilized since the last review, fundamentals are strengthening. However, the economy remains highly vulnerable to global developments, including weakness in the key European markets, while domestic risks center on the role of the SOEs. Recommendations: The authorities’ objective of reducing public debt below 50 percent of GDP by 2018 remains an appropriate and attainable anchor for fiscal policy. The monetary policy framework should be further enhanced by increasing its forward orientation in the context of a flexible exchange rate. Structural measures should focus on fostering inclusiveness and private sector-led growth, while improving economic governance and the focus of SOEs. Data: Data provision is broadly adequate for surveillance. Priority areas include improved GDP statistics, strengthening external sector statistics, and extending coverage of the international investment position.
Download or read book Country Report written by and published by . This book was released on 1999 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-07-03 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses Seychelles’ Request for an Arrangement Under the Extended Fund Facility (EFF). In the five years following the 2008 balance of payments and debt crisis, the authorities have successfully enacted a comprehensive program of reforms. Despite the success of the program, important risks and challenges remain. To face these challenges, the authorities have requested a successor EFF arrangement with the IMF. This program will help support their macroeconomic policies and protect reserve coverage over the extended period, while they carry out wide-ranging structural reforms necessary to support improvement in macroeconomic conditions, lock-in stabilization, and reduce the country’s vulnerabilities.
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2022-07-26 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues
Book Synopsis Seychelles by : International Monetary Fund. African Dept.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2014-12-22 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Program implementation and economic fundamentals continue to be strong, but the external position weakened in mid-2014. Projected growth for 2014 has been revised down to 2.8 percent from 3.7 percent, due to weaker demand for Seychelles’ two main exports—tourism and canned tuna. At the same time, strong growth in personal earnings and private sector credit have fueled a surge in imports, putting further pressure on the balance of payments. As a result, the exchange rate depreciated an estimated 11 percent in nominal effective terms from early August to late-October.
