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Seychelles :, Third Review Under the Stand-By Arrangement, Financing Assurances Review, Cancellation of the Stand-By-Arrangement, and Request for an Extended Arrangement-Staff Report; Staff Statement, Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles

This paper discusses key findings of the Third Review Under the Stand-By Arrangement for Seychelles. The program is on track, and macroeconomic stabilization has advanced rapidly. The authorities continue to implement the program with a high degree of ownership and success. All quantitative performance criteria (PC) and structural benchmarks at end-September 2009 were met. The structural reform effort is progressing well. Key progress has been made on public financial management, notably through the treasury single account. The 2010 budget features a much improved and complete presentation of government finance
Table Of Contents
Cover; Contents; Executive Summary; I. Macroeconomic Developments and Performance Under the SBA; II. Policies for the Remainder of 2009; III. Medium-Term Macroeconomic Policy and Reform Efforts; A. Macroeconomic Outlook for 2010-12; B. Fiscal Policy; C. Monetary, Exchange, and Financial Sector Policies; D. Structural Reform; IV. Program Financing, Design, Monitoring, and Risks; A. Financing; B. Program Design and Monitoring; C. Risks; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2007-12; 2. Balance of Payments, 2008-10
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (91 p.)
Specific Material Designation
Form Of Item

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