IMF Staff Country Reports

Seychelles: Second Review Under the policy coordination Instrument and Request for Modification of Targets-Press Release; and Staff Report

January 7, 2019

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Format: Chicago

International Monetary Fund. African Dept. "Seychelles: Second Review Under the policy coordination Instrument and Request for Modification of Targets-Press Release; and Staff Report", IMF Staff Country Reports 2019, 004 (2019), accessed 12/7/2025, https://doi.org/10.5089/9781484393055.002

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Summary

Economic developments since the completion of the first review under the Policy Coordination Instrument (PCI) in June 2018 have been broadly in line with expectations. The program is largely on track. Staff received renewed assurance from President Faure that the large infrastructure projects announced in his State of the Nation Address (SONA) in March 2018 would be implemented within the fiscal targets under the PCI.

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

Keywords: Africa, break-even point, Caribbean, CBS' monetary policy conduct, CBS' monetary policy operation, CR, Current spending, debt, debt projection, Europe, GDP, Global, headline CPI inflation, headline yoy CPI inflation rate, IMF review, interest rate, ISCR, marketing cost, Middle East, Monetary base, monetary policy, outlook, Public investment and public-private partnerships (PPP), Southern Africa