Seychelles : Extended Arrangement-Financing Assurances Review-Staff Report.

Publication Date: June 14, 2011

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Summary: The Executive Board approved a three-year Extended Fund Facility with Seychelles. This report briefly outlines performance under the program, including compliance with the end-December targets, before addressing the issue of financing assurances. Macroeconomic performance through end-2009 continued to be encouraging. Prudent fiscal and monetary policies have been key to the strong macroeconomic stabilization. A review of financing assurance has been outlined. Significant progress has also been achieved with remaining non-Paris Club official bilaterals and external commercial banks.
Series: IMF Staff Country Reports
Subject(s): Debt restructuring | Economic indicators | Extended arrangements | Staff Reports

Publication Date: June 14, 2011
ISBN/ISSN: 9781455280551/1934-7685 Format: Paper
Stock No: 1SYCEA2011002 Pages: 6
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