Seychelles: First Review under the Extended Fund Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Seychelles

International Monetary Fund

No 2022/006, IMF Staff Country Reports from International Monetary Fund

Abstract: The expected macroeconomic recovery has materialized. Seychelles remains a leader in vaccine coverage at home, and the widespread availability of vaccines in Seychelles’ key tourist markets, particularly Europe, is contributing to a strong rebound in tourism. The economic outlook, while positive, remains subject to the uncertain evolution of the COVID-19 pandemic globally.

Keywords: financing gap; inflation dynamics; monetary policy transmission mechanism; government operation; accommodative monetary policy stance; Credit; Loans; Commercial banks; Europe; Global (search for similar items in EconPapers)
Pages: 79
Date: 2022-01-13
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