IMF Staff Country Reports

Seychelles: First Review under the Extended Fund Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Seychelles

January 13, 2022

Preview Citation

Format: Chicago

International Monetary Fund. African Dept. "Seychelles: First Review under the Extended Fund Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Seychelles", IMF Staff Country Reports 2022, 006 (2022), accessed 12/27/2025, https://doi.org/10.5089/9781616359058.002

Export Citation

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

Summary

The expected macroeconomic recovery has materialized. Seychelles remains a leader in vaccine coverage at home, and the widespread availability of vaccines in Seychelles’ key tourist markets, particularly Europe, is contributing to a strong rebound in tourism. The economic outlook, while positive, remains subject to the uncertain evolution of the COVID-19 pandemic globally.

Subject: Commercial banks, Credit, Expenditure, Financial institutions, International organization, Loans, Monetary policy, Money, Public debt

Keywords: accommodative monetary policy stance, Commercial banks, Credit, Europe, financing gap, Global, government operation, inflation dynamics, Loans, monetary policy transmission mechanism