Seychelles: Fourth and Fifth Reviews Under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Seychelles
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Summary:
This paper discusses Seychelles’ Fourth and Fifth Reviews under the Extended Arrangement and Request for Modification and Waiver of Applicability of Performance Criteria. All performance criteria as of December 31, 2015, and June 30, 2016, were met, and the macroeconomic program remains broadly on track for the second half of the year. The structural agenda is proceeding, albeit with some technical delays. The IMF staff welcomes the authorities’ commitment to the goal of a steady reduction in public debt over the medium term reflected in the draft 2017 budget.
Series:
Country Report No. 2017/051
Subject:
Banking Credit External debt Monetary base Money Public debt Revenue administration
English
Publication Date:
February 21, 2017
ISBN/ISSN:
9781475579079/1934-7685
Stock No:
1SYCEA2017001
Pages:
65
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