Seychelles: Third Review Under the Extended Arrangement and Request for Modification of Performance Criteria-Press Release; and Staff Report

Publication Date:

January 14, 2016

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Seychelles’ Third Review Under the Extended Arrangement and Request for Modification of Performance Criteria (PC). All PCs for end-June 2015, the program’s third test date, were met. Based on preliminary data, all the third-quarter indicative targets were also met. The structural agenda is proceeding, albeit with some delays. Growth for 2015 has been revised upward to slightly more than 4 percent. Presidential elections are taking place during December 3–5. The IMF staff recommends completion of the third review under the Extended Arrangement and modification of the PCs for end-December 2015.

Series:

Country Report No. 2016/015

Subject:

English

Publication Date:

January 14, 2016

ISBN/ISSN:

9781513524337/1934-7685

Stock No:

1SYCEA2016001

Pages:

52

Please address any questions about this title to publications@imf.org