Seychelles: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper for Seychelles argues that sound fiscal policies and smaller governments can be conducive to growth and help reduce a country’s economic vulnerability. Growth in Seychelles has been volatile and underperformed most small states from 1998 to 2005. Seychelles’s revenues, expenditures, and total public debt are higher after an improvement in 2003. Its fiscal balance has worsened and has been weaker in comparison with most small states for most of the period. Seychelles’s expenditure composition is most similar to that of low-growth small states.
Series:
Country Report No. 2008/366
Subject:
Balance of payments Economic sectors Fiscal consolidation Fiscal policy Foreign direct investment Public debt Tax incentives Tourism
English
Publication Date:
December 2, 2008
ISBN/ISSN:
9781451836233/1934-7685
Stock No:
1SYCEA2008002
Pages:
25
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