Seychelles : 2010 Article IV Consultation and Second Review Under the Extended Arrangement, Request for Rephasing of Disbursements, and Financing Assurances Review-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles

Author/Editor:

International Monetary Fund

Publication Date:

January 4, 2011

Electronic Access:

Free Full Text (PDF file size is 1534 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Seychelles's strong stabilization efforts has helped the economy to overcome debt crisis and global recession under the Stand-By Arrangement (SBA). But the authorities need to address monetary policy trade-offs, and financial sector challenges exist. Executive Directors welcomed Seychelles's structural reform agenda, which aims at enhancing public financial and central bank management, strengthening competition and risk management, and reducing the role of the state in the financial system. Directors appreciated Seychelles's strong performance compliance with performance criteria under the economic program, and extended further financing.

Series:

Country Report No. 11/5

Subject:

English

Publication Date:

January 4, 2011

ISBN/ISSN:

9781455213610/1934-7685

Stock No:

1SYCEA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

91

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