Seychelles : Extended Arrangement-Financing Assurances Review-Staff Report.
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Summary:
The Executive Board approved a three-year Extended Fund Facility with Seychelles. This report briefly outlines performance under the program, including compliance with the end-December targets, before addressing the issue of financing assurances. Macroeconomic performance through end-2009 continued to be encouraging. Prudent fiscal and monetary policies have been key to the strong macroeconomic stabilization. A review of financing assurance has been outlined. Significant progress has also been achieved with remaining non-Paris Club official bilaterals and external commercial banks.
Series:
Country Report No. 11/133
Subject:
Debt restructuring Economic indicators Extended arrangements Fiscal policy Monetary policy Performance criteria Seychelles Staff Reports
English
Publication Date:
June 14, 2011
ISBN/ISSN:
9781455280551/1934-7685
Stock No:
1SYCEA2011002
Format:
Paper
Pages:
6
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