Executive Board
Calendar
Board Discussions
on Seychelles:

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June 30, 2009
March 30, 2009
November 14, 2008
March 23, 2007
March 10, 2006

Projected % Change
   2009  2010
Real GDP -8.7 4
Consumer Prices 33.4 3
Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Seychelles: Financial Position in the Fund

Participant in the
General Data Dissemination System

Transactions with the Fund


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Seychelles and the IMF
Updated November 2, 2009

The last Article IV Executive Board Consultation was on November 14, 2008. Listed below are items related to Seychelles, in reverse chronological order (you can also view items by category).

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November 02, 2009 -- Press Release: IMF Announces Staff Level Agreement with Seychelles on a 3-year Successor Arrangement Under the Extended Fund Facility
October 04, 2009 -- IMFC Statement by Jeung-Hyun Yoon, Minister of Strategy and Finance of Korea,Rep.of
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 396Kb
August 17, 2009 -- Press Release: IMF Sees Strong Progress in Seychelles Economic Program
July 15, 2009 -- Seychelles: Second Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurance Review - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles
Series: Country Report No. 09/208
June 30, 2009 -- Press Release: IMF Executive Board Completes the Second Review Under Seychelles' Stand-By Arrangement and Approves US$1.4 Million Disbursement
June 30, 2009 -- IMF Survey: Reforms, IMF Support Pull Seychelles Back From the Brink
Less than a year after experiencing economic crisis and introducing bold economic reforms, Seychelles is seeing the fruits of its efforts. A historic liberalization of its exchange regime and bold fiscal measures, together with tight monetary policy, have stabilized the economy.
June 16, 2009 -- Seychelles -- Letter of Intent, Updated Memorandum of Economic and Financial Policies for 2009, Technical Memorandum of Understanding, June 16, 2009
PDF File Size: 433Kb
May 19, 2009 -- Press Release: IMF Staff Mission Sees Early Signs of Success in Seychelles Economic Program
April 25, 2009 -- IMFC Statement by Mr. Kyung-Wook Hur,First Vice Minister, Ministry of Strategy and Finance, Korea on behalf of the Hon. Jeung-Hyun Yoon, Finance Minister of the Republic of Korea
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 350Kb
April 09, 2009 -- Seychelles: First Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurance Review - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles
Series: Country Report No. 09/121
March 31, 2009 -- Press Release: IMF Executive Board Completes First Review under Seychelles’ Stand-By Arrangement and Approves US$1.3 Million Disbursement
March 13, 2009 -- Seychelles -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 13, 2009
PDF File Size: 417Kb
February 13, 2009 -- Press Release: Statement at the Conclusion of an IMF Mission to Seychelles
December 02, 2008 -- Seychelles: 2008 Article IV Consultation and Request for a Stand-By Arrangement - Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles
Series: Country Report No. 08/365
December 02, 2008 -- Seychelles: Selected Issues
Series: Country Report No. 08/366
November 18, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Seychelles
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
November 14, 2008 -- Press Release: IMF Executive Board Approves US$26 Million Stand-By Arrangement for Seychelles
October 31, 2008 -- Seychelles -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, October 31, 2008
PDF File Size: 411Kb
October 31, 2008 -- Press Release: IMF Managing Director Strauss-Kahn Welcomes Seychelles Reform Program, Proposes to Support it with Stand-By Arrangement
October 11, 2008 -- IMFC Statement by Wayne Swan, Treasurer of the Commonwealth of Australia
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 353Kb
September 19, 2008 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Seychelles
April 12, 2008 -- IMFC Statement by Hon. Wayne Swan, Treasurer of the Commonwealth of Australia
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 52Kb
February 01, 2008 -- Press Release: Statement at the Conclusion of the 2008 Article IV Staff Mission to Seychelles
April 14, 2007 -- IMFC Statement by the Honourable Peter Costello, Treasurer of the Commonwealth of Australia
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 40Kb
December 18, 2006 -- Press Release: Seychelles Begins Participation in the IMF's General Data Dissemination System (GDDS)
November 21, 2006 -- Press Release: Statement by IMF Staff at the Conclusion of the 2006 Article IV Consultation Discussions with Seychelles
September 17, 2006 -- IMFC Statement by the Hon. Okyu Kwon, Deputy Prime Minister and Minister of Finance and Economy of the Republic of Korea
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 303Kb
April 22, 2006 -- IMFC Statement by Honorable Tae-Shin Kwon, Vice Minister, Ministry of Finance and Economy, Republic of Korea
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 217Kb
September 24, 2005 -- IMFC Statement by The Hon. Duck-Soo Han, Deputy Prime Minister and Minister of Finance and Economy of the Republic of Korea
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 180Kb
April 16, 2005 -- IMFC Statement by The Hon. Duck-Soo Han Deputy Prime Minister and Minister of Finance and Economy of the Republic of Korea
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 683Kb
February 04, 2005 -- Preliminary Assessment of the Macroeconomic Impact of The Tsunami Disaster on Affected Countries, and of Associated Financing Needs
December 03, 2004 -- Seychelles: Assessment of the Supervision and Regulation of the Financial Sector--Review of Financial Sector Regulation and Supervision
Series: Country Report No. 04/381
October 02, 2004 -- Statement by The Hon. Peter Costello, Treasurer of Australia
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 96Kb
April 24, 2004 -- IMFC Statements Hon. Peter Costello, MP, Australian Treasurer
On behalf of: Australia, Federated States of Micronesia, Kiribati, Republic of Korea, Republic of the Marshall Islands, Mongolia, New Zealand, Philippines, Republic of Palau, Papua New Guinea, Solomon Islands, Seychelles, Vanuatu, Samoa. PDF File Size: 575Kb
September 21, 2003 -- Statement by The Hon. Peter Costello, M.P. Treasurer of Australia, to the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
On behalf of the constituency comprising Australia, Kiribati, Korea (Republic of), Marshall Islands (Republic of the), Micronesia (Federated States of), Mongolia, New Zealand, Palau (Republic of), Papua New Guinea, Philippines, Samoa, Seychelles, Solomon Islands and Vanuatu
April 12, 2003 -- IMFC Statement by Senator the Hon. Ian Campbell, Parliamentary Secretary to the Treasurer of Australia, April 12, 2003
The International Monetary and Financial Committee statement on behalf of Australia, Kiribati, Korea, Marshall Islands, Micronesia, Mongolia, New Zealand, Palau, Papua New Guinea, the Philippines, Samoa, Seychelles, Solomon Islands and Vanuatu.
September 28, 2002 -- Statement by The Hon. Peter Costello, M.P., Treasurer of Australia, to the International Monetary and Financial Committee, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of Australia, Kiribati, Korea (Republic of), Marshall Islands (Republic of the), Micronesia (Federated States of), Mongolia, New Zealand, Palau (Republic of), Papua New Guinea, the Philippines, Samoa, Seychelles, Solomon Islands and Vanuatu.
April 20, 2002 -- IMFC Statement by Senator The Hon. Ian Campbell Parliamentary Secretary to the Treasurer of Australia, April 20, 2002
The International Monetary and Financial Committee statement on behalf of the constituency comprising Australia, Kiribati, Republic of Korea, Republic of Marshall Islands, Federated States of Micronesia, Mongolia, New Zealand, Republic of Palau, Papua New Guinea, the Philippines, Samoa, Seychelles, Solomon Islands and Vanuatu
November 17, 2001 -- Statement by The Hon. Peter Costello, Treasurer of Australia to the International Monetary and Financial Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee statement on behalf of the constituency comprising Australia, Kiribati, Republic of Korea, Republic of Marshall Islands, Federated States of Micronesia, Mongolia, New Zealand, Republic of Palau, Papua New Guinea, the Philippines, Samoa, Seychelles, Solomon Islands and Vanuatu
April 28, 2001 -- Statement by the Hon. Peter Costello, Treasurer of Australia, to the Development Committee , April 30, 2001
On behalf of the constituency comprising Australia, Cambodia, Kiribati, Korea (Republic of), Marshall Islands (Republic of), Micronesia (Federated States of), Mongolia, New Zealand, Palau (Republic of), Papua New Guinea, Samoa, Solomon Islands and Vanuatu.
April 28, 2001 -- Statement by the Hon. Peter Costello, Treasurer of Australia, to the International Monetary and Financial Committee, April 29, 2001
The International Monetary and Financial Committee statement on behalf of the constituency comprising Australia, Kiribati, Korea (Republic of), Marshall Islands (Republic of), Micronesia (Federated States of), Mongolia, New Zealand, Palau (Republic of), Papua New Guinea, the Philippines, Samoa, Seychelles, Solomon Islands and Vanuatu.
April 28, 2001 -- Statement by the Hon. Peter Costello, Treasurer of Australia - International Monetary and Financial Committee and Development Committee, April 29, 2001
On behalf of the World Bank constituency comprising Australia, Cambodia, Kiribati, Korea (Republic of), Marshall Islands (Republic of), Micronesia (Federated States of), Mongolia, New Zealand, Palau (Republic of), Papua New Guinea, Samoa, Solomon Islands and Vanuatu and the IMF constituency comprising Australia, Kiribati, Korea (Republic of), Marshall Islands (Republic of), Micronesia (Federated States of), Mongolia, New Zealand, Palau (Republic of), Papua New Guinea, the Philippines, Samoa, the Seychelles, Solomon Islands and Vanuatu.
December 26, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Seychelles
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
December 18, 2000 -- Seychelles: Recent Economic Developments
Series: IMF Staff Country Report No. 00/162
September 24, 2000 -- Statement by Senator the Hon. Rod Kemp Assistant Treasurer of Australia to the International Monetary and Financial Committee
April 16, 2000 -- Statement by Senator the Hon. Rod Kemp, Assistant Treasurer of Australia, to the International Monetary and Financial Committee, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Australia, Kiribati, Korea, Marshall Islands, Federated States of Micronesia, Mongolia, New Zealand, Palau, Papua New Guinea, the Philippines, Samoa, Seychelles, Solomon Islands, and Vanuatu
September 29, 1999 -- Statement by the Hon. Tantely Andrianarivo, Governor of the IMF for Madagascar, on behalf of the African Governors, at the Joint Annual Discussion
PDF File Size: 14Kb
July 14, 1999 -- The Cross-Border Initiative in Eastern and Southern Africa
The Initiative comprises a common policy framework aims to facilitate cross-border economic activity by eliminating barriers to the flow of goods, services, labor, and capital, and to help integrate markets by coordinating reform programs in several key structural areas, supported by appropriate macroeconomic policies.
October 05, 1998 -- Seychelles - Statistical Annex
Series: IMF Staff Country Report No. 98/94
June 21, 1996 -- Seychelles - Recent Economic Developments
Series: IMF Staff Country Report No. 96/46
Notes: This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
May 15, 1995 -- Seychelles - Statistical Annex
Series: IMF Staff Country Report No. 94/14
Notes: This statistical annex on Seychelles was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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