IMF Staff Country Reports

Seychelles : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

December 2, 2008

Electronic Access:

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Summary:

This Selected Issues paper for Seychelles argues that sound fiscal policies and smaller governments can be conducive to growth and help reduce a country’s economic vulnerability. Growth in Seychelles has been volatile and underperformed most small states from 1998 to 2005. Seychelles’s revenues, expenditures, and total public debt are higher after an improvement in 2003. Its fiscal balance has worsened and has been weaker in comparison with most small states for most of the period. Seychelles’s expenditure composition is most similar to that of low-growth small states.

Series:

Country Report No. 08/366

Subject:

Economic indicators Fiscal policy Foreign direct investment Gross domestic product Public debt Selected issues Seychelles Small states