Seychelles : 2017 Article IV Consultation and Sixth Review Under the Extended Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Seychelles

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

June 20, 2017

Electronic Access:

Free Full Text (PDF file size is 1998 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Seychelles has made noticeable progress toward economic stability and external sustainability through bold reforms since the crisis in 2008. Despite the impressive macroeconomic performance, social concerns came to surface in 2016 and temporary fiscal policy slippage led to a delay in completing the fourth review under the Extended arrangement (EFF). The authorities brought the fiscal position back to a sustainable path during 2016?17 largely through one-off revenue measures, which will expire in 2018. The country’s banks lost some correspondent banking relations (CBRs) in recent years. Seychelles is the first pilot country for Climate Policy Change Assessment (CCPA) for small states.

Series:

Country Report No. 17/160

English

Publication Date:

June 20, 2017

ISBN/ISSN:

9781484304785/1934-7685

Stock No:

1SYCEA2017002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

61

Please address any questions about this title to publications@imf.org