Seychelles: Second Review Under the policy coordination Instrument and Request for Modification of Targets-Press Release; and Staff Report
International Monetary Fund
No 2019/004, IMF Staff Country Reports from International Monetary Fund
Abstract:
Economic developments since the completion of the first review under the Policy Coordination Instrument (PCI) in June 2018 have been broadly in line with expectations. The program is largely on track. Staff received renewed assurance from President Faure that the large infrastructure projects announced in his State of the Nation Address (SONA) in March 2018 would be implemented within the fiscal targets under the PCI.
Keywords: ISCR; CR; IMF review; outlook; monetary policy; debt; GDP; CBS' monetary policy conduct; break-even point; interest rate; CBS' monetary policy operation; debt projection; marketing cost; headline yoy CPI inflation rate; headline CPI inflation; Public investment and public-private partnerships (PPP); Current spending; Monetary base; Middle East; Southern Africa; Caribbean; Global; Europe; Africa (search for similar items in EconPapers)
Pages: 67
Date: 2019-01-07
New Economics Papers: this item is included in nep-mac
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