Seychelles : Fourth and Fifth Reviews Under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Seychelles

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

February 21, 2017

Electronic Access:

Free Full text (PDF file size is 1663 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Completion of the fourth review was delayed after the government announced in early 2016 expenditure and revenue initiatives with estimated annual fiscal costs of 3 percent of GDP. After the opposition won a majority in parliament in September, the President announced his resignation and the Vice President took over. With low commodity prices and strong tourist arrivals, the economic developments since the third review have been favorable and economic outlook for 2016?17 remains positive.

Series:

Country Report No. 17/51

Subject:

English

Publication Date:

February 21, 2017

ISBN/ISSN:

9781475579079/1934-7685

Stock No:

1SYCEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

65

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