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Seychelles :, 2010 Article IV Consultation and Second Review Under the Extended Arrangement, Request for Rephasing of Disbursements, and Financing Assurances Review-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles

Seychelles's strong stabilization efforts has helped the economy to overcome debt crisis and global recession under the Stand-By Arrangement (SBA). But the authorities need to address monetary policy trade-offs, and financial sector challenges exist. Executive Directors welcomed Seychelles's structural reform agenda, which aims at enhancing public financial and central bank management, strengthening competition and risk management, and reducing the role of the state in the financial system. Directors appreciated Seychelles's strong performance compliance with performance criteria under the economic program, and extended further financing
Table Of Contents
Cover; Contents; I. Staff Appraisal and Summary; II. Two Years of Economic Stabilization and Reforms; A. Rapid Stabilization Following a Severe Crisis; B. A Strengthening Recovery in 2010; III. Policy Discussions; A. Outlook and Risks; B. Fiscal Policy Margins; C. External Stability; D. Monetary Policy and Liquidity Overhang; E. Financial Sector Development; IV. Program Review; A. Performance Under the Extended Arrangement; B. Program for 2011; C. Program Modalities; Tables; 1. Selected Economic and Financial Indicators, 2007-13; 2. Balance of Payments, 2007-15
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (94 p.)
Specific Material Designation
Form Of Item

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