Executive Board
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on Seychelles:

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June 4, 2014
December 17, 2012
January 11, 2012
June 3, 2011
December 20, 2010

Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 3.7 3.8
Consumer Prices 3.6 2.9
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Seychelles: Financial Position in the Fund

Transactions with the Fund


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Seychelles and the IMF
Updated December 12, 2014

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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March 17, 2011 -- Press Release: IMF Mission Finds Seychelles’ Three-Year Economic Program on Track
February 03, 2011 -- IMF Survey: Caribbean Countries Have Several Ways to Enhance Prospects
Caribbean countries, saddled with high debt levels and badly affected by the global economic crisis, need to reduce debt and develop new sources of growth to enhance their prospects, according to participants at a regional conference convened to explore the Caribbean’s challenges and policy options.
January 04, 2011 -- 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
Series: Country Report No. 11/5
December 22, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with the Seychelles
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 21, 2010 -- Press Release: IMF Completes Second Review and Financing Assurances Review Under the Extended Arrangement for Seychelles and Approves US$2.7 Million Disbursement
December 03, 2010 -- Seychelles -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 03, 2010
PDF File Size: 332Kb
November 10, 2010 -- IMF Survey: Economic Reforms Helped Seychelles Weather Two Crises
Economic reforms helped Seychelles weather both a severe debt crisis and the global financial crisis, an economic symposium in Victoria hears. Seychelles’ 2008 reform program included a decision to float the exchange rate, seen as the most critical move in the country’s policies to address the crises.
October 28, 2010 -- Press Release: Statement at the Conclusion of a Staff Mission to Seychelles for the 2010 Article IV Consultation and Second Review Under the Extended Fund Facility
October 09, 2010 -- IMFC Statement by Jeung-Hyun Yoon, Minister of Strategy and Finance, Ministry of Strategy and Finance, 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: 349Kb
July 09, 2010 -- Seychelles: First Review Under the Extended Arrangement, Request for Modification of Performance Criteria, and Financing Assurances Review - Staff Report; Staff Supplement; and Press Release
Series: Country Report No. 10/204
June 01, 2010 -- Seychelles -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 01, 2010
PDF File Size: 631Kb
May 17, 2010 -- Press Release: IMF Mission Finds Seychelles’ New Three-Year Economic Program on Track
April 24, 2010 -- IMFC Statement by Mr. Jeung-Hyun Yoon, Minister of Strategy and Finance, 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: 353Kb
January 05, 2010 -- Seychelles: Third Review Under the Stand-By Arrangement, Financing Assurances Review, Cancellation of the Stand-By-Arrangement, and Request for an Extended Arrangement-Staff Report; Staff Statement, Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles
Series: Country Report No. 10/3
December 23, 2009 -- Seychelles - Assessment Letter for the International Community
Subject: Assessment letters | Seychelles | Fiscal policy | Fiscal reforms | Governance | Monetary policy | Debt restructuring | Relationships with Fund
December 22, 2009 -- Press Release: IMF Executive Board Approves US$31.1 Million Extended Fund Facility Arrangement for Seychelles, Completes Final Review Under Stand-By Arrangement
December 03, 2009 -- Seychelles -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 03, 2009
PDF File Size: 517Kb
November 25, 2009 -- Seychelles - Assessment Letter for the African Development Bank
Subject: Assessment letters | Seychelles | Economic recovery | Economic growth | Debt restructuring | Stand-by arrangements | African Development Bank
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

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