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
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Summary:
This paper discusses key findings of the Third Review Under the Stand-By Arrangement for Seychelles. The program is on track, and macroeconomic stabilization has advanced rapidly. The authorities continue to implement the program with a high degree of ownership and success. All quantitative performance criteria (PC) and structural benchmarks at end-September 2009 were met. The structural reform effort is progressing well. Key progress has been made on public financial management, notably through the treasury single account. The 2010 budget features a much improved and complete presentation of government finance.
Series:
Country Report No. 2010/003
Subject:
Arrears Asset and liability management Debt restructuring External debt Public debt Public financial management (PFM)
English
Publication Date:
January 5, 2010
ISBN/ISSN:
9781451836264/1934-7685
Stock No:
1SYCEA2010001
Pages:
90
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