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

Author/Editor:

International Monetary Fund

Publication Date:

July 15, 2009

Electronic Access:

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Summary:

This paper presents key findings of the Second Review for Seychelles under the Stand-By Arrangement. The program is on track, and macroeconomic stabilization has advanced rapidly. The authorities are implementing the program with determination and a high degree of ownership. All quantitative performance criteria at end-March 2009 were met. One of two structural benchmarks for end-April was missed, reflecting capacity constraints in issuing new bank capitalization norms, but was completed in late May.

Series:

Country Report No. 09/208

Subject:

English

Publication Date:

July 15, 2009

ISBN/ISSN:

9781451836257/1934-7685

Stock No:

1SYCEA2009002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

73

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