IMF Staff Country Reports

Seychelles: First Review under the Policy Coordination Instrument and Request for Modification of Targets - Press Release; Staff Report

June 29, 2018

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. African Dept. "Seychelles: First Review under the Policy Coordination Instrument and Request for Modification of Targets - Press Release; Staff Report", IMF Staff Country Reports 2018, 196 (2018), accessed November 9, 2025, https://doi.org/10.5089/9781484363898.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

This paper discusses Seychelles’ First Review Under the Policy Coordination Instrument (PCI) and Request for Modification of Targets. All quantitative targets for end-December 2017, the program’s first review test date, were met. Although there are no structural reform targets due for the first review, the structural agenda for 2018 is proceeding in line with the program. Given the authorities’ strong program implementation and continued commitment to safeguarding macroeconomic stability, the IMF staff supports the authorities’ request for the completion of the first review under the PCI and the modification of the end-June 2018 and end-December 2018 quantitative targets for reserve money.

Subject: Current spending, Expenditure, Monetary base, Money, Public debt, Public investment and public-private partnerships (PPP), Revenue administration

Keywords: Caribbean, CR, Current spending, Debt, East Africa, Europe, Fiscal policy stance, GDP, ISCR, Marketing cost, Middle East, Monetary base, Monetary policy, Monetary policy tightening, Nominal exchange rate, Program implementation, Public investment and public-private partnerships (PPP), Rate, Southern Africa

Publication Details

You May Also Be Interested In...

Liberia: Selected Issues

November 7, 2025

Liberia: 2025 Article IV Consultation and Second Review Under the Extended Credit Facility Arrangement and Request for a Waiver of Nonobservance of a Continuous Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Liberia

November 7, 2025

Ghana: Governance Diagnostic Report

November 5, 2025

How Can Europe Pay for Things That It Can't Afford?

November 4, 2025