European Parliament Library

Seychelles :, Second Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurance Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles

This paper presents key findings of the Second Review for Seychelles under the Stand-By Arrangement. The program is on track, and macroeconomic stabilization has advanced rapidly. The authorities are implementing the program with determination and a high degree of ownership. All quantitative performance criteria at end-March 2009 were met. One of two structural benchmarks for end-April was missed, reflecting capacity constraints in issuing new bank capitalization norms, but was completed in late May
Table Of Contents
Cover; Contents; Executive Summary; I. Macroeconomic Developments and Performance Under the Program; II. Policy Discussions; A. Macroeconomic Outlook; B. Fiscal Policy; C. Monetary, Exchange and Financial Sector Policies; D. External Sector, Financing, and Debt Sustainability; III. Program Design, Monitoring, and Risks; A. Program Design and Monitoring; B. Risks; IV. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2006-10; 2. Consolidated Government Operations, 2007-10; 4. Balance of Payments, 2007-10; 5. Balance of Payments 2007-14
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (74 p.)
Specific Material Designation
Form Of Item

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