Seychelles : Staff Report for the Eight Review Under the Extended Arrangement

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

January 31, 2014

Electronic Access:

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Summary:

This paper discusses Seychelles’ Eighth Review Under the Extended Arrangement. Economic growth and macroeconomic stability improved in 2013. A robust rise in tourism earnings supported growth, as well as a reduction in the current account deficit as a share of GDP. All performance criteria for end-June 2013, the program’s last test date, were met. All the third quarter indicative targets were also met. The measures in the structural benchmarks were all completed, although there were short delays compared with initial plans for technical reasons. IMF staff recommends completion of the eighth review under the Extended Arrangement.

Series:

Country Report No. 14/25

Subject:

English

Publication Date:

January 31, 2014

ISBN/ISSN:

9781484399743/1934-7685

Stock No:

1SYCEA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

34

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