Seychelles : Extended Arrangement-Financing Assurances Review-Staff Report

The Executive Board approved a three-year Extended Fund Facility with Seychelles. This report briefly outlines performance under the program, including compliance with the end-December targets, before addressing the issue of financing assurances. Macroeconomic performance through end-2009 continued...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011
Series:IMF Staff Country Reports ; Country Report No. 11/133
IMF Staff Country Reports; Country Report ; No. 2011/133
IMF eLibrary
Subjects:
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520 3 |a The Executive Board approved a three-year Extended Fund Facility with Seychelles. This report briefly outlines performance under the program, including compliance with the end-December targets, before addressing the issue of financing assurances. Macroeconomic performance through end-2009 continued to be encouraging. Prudent fiscal and monetary policies have been key to the strong macroeconomic stabilization. A review of financing assurance has been outlined. Significant progress has also been achieved with remaining non-Paris Club official bilaterals and external commercial banks 
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