European Parliament Library

Seychelles :, Staff Report for the Eight Review Under the Extended Arrangement

On December 19, 2013, the Executive Board of the IMF completed the eighth and final review under the Extended Fund Facility (EFF) for Seychelles. The completion of the review enables a disbursement of SDR 3.3 million, which will bring total disbursements under the arrangement to SDR 26.4 million. Strong policies have fostered economic growth, brightening Seychelles’ near-term outlook. With the completion of this review, the EFF arrangement comes to an end. The program’s key objective of placing the economy firmly on the path to external and fiscal sustainability has been achieved, based on the successful implementation of the debt restructuring, robust fiscal consolidation, and the resumption of growth
Table Of Contents
Cover; CONTENTS; CONTEXT; Box; 1. Seychelles' EFF-Supported Program: Objectives and Achievements; RECENT ECONOMIC DEVELOPMENTS; PROGRAM PERFORMANCE; POLICIES FOR 2014 AND BEYOND; A. Fiscal Policies; B. Monetary, Financial, and External Sector Policies; C. Structural Reforms; D. Relations with the Fund; STAFF APPRAISAL; Figures; 1. Macroeconomic Development and Projections; 2. Monthly Indicators of Economic Activity; Tables; 1. Selected Economic and Finance Indicators, 2011-18; 2. Balance of Payments,2010-18; 3. Consolidated Government Operations, 2011-16
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (35 p.)
Specific Material Designation
Form Of Item

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