Author : International Monetary
Publisher : International Monetary Fund
Page : 79 pages
File Size : 10,84 MB
Release : 2022-01-13
Category : Business & Economics
ISBN : 1616359056
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.
Author : International Monetary
Publisher : International Monetary Fund
Page : 97 pages
File Size : 13,26 MB
Release : 2021-08-23
Category : Business & Economics
ISBN : 1513594060
Seychelles was hit hard by the COVID-19 crisis. The authorities reacted swiftly, by locking down the economy, thereby keeping infection and fatality rates low. However, the travel restrictions and global economic downturn triggered unprecedented economic contraction. The authorities responded with measures to mitigate the economic fallout on businesses and households. But the public debt ratio increased sharply, reflecting the primary balance deterioration, exchange rate depreciation, and GDP contraction. As soon as vaccines became available, Seychelles led the world in vaccination coverage and reopened its borders. With tourist arrivals bouncing back, a V-shaped recovery is now expected.
Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 90 pages
File Size : 39,1 MB
Release : 2018-10-04
Category : Business & Economics
ISBN : 1484380037
The key objectives of the program are to restore macroeconomic and debt sustainability, address falling reserves, and increase growth. The new government, which took office in late May, has committed to fiscal consolidation and structural reform as key tools for macroeconomic adjustment.
Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 102 pages
File Size : 33,78 MB
Release : 2022-07-26
Category : Business & Economics
ISBN :
Seychelles’ economic recovery in 2021 vastly outperformed projections, fueled by a faster-than-expected rebound of the tourism sector. The recovery is expected to continue in 2022 with projected real GDP growth of 7.1 percent as the tourism sector shows resilience to COVID-19 waves and geopolitical tensions. The recovery has been accompanied by a significant fiscal overperformance.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 57 pages
File Size : 18,28 MB
Release : 2012-02-06
Category : Business & Economics
ISBN : 1463935803
Seychelles’s fiscal stance for 2012 allows maintaining a steady course toward debt reduction. The authorities’ decisions to downsize the loss-making national airline and raise tariffs of public enterprises are crucial steps for easing fiscal pressures and ensuring sufficient capital expenditure, in particular in much-needed infrastructure projects. Price subsidies through the Stabilization Fund will be replaced with targeted transfers to low-income households. The structural reform agenda for 2012 builds on progress made to date, focusing on taxation, public finance management, public enterprises, and the financial sector.
Author : Emile van der Does de Willebois
Publisher : World Bank Publications
Page : 230 pages
File Size : 11,70 MB
Release : 2011-11-01
Category : Law
ISBN : 0821388967
This report examines the use of these entities in nearly all cases of corruption. It builds upon case law, interviews with investigators, corporate registries and financial institutions and a 'mystery shopping' exercise to provide evidence of this criminal practice.
Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 104 pages
File Size : 46,66 MB
Release : 2018-01-05
Category : Business & Economics
ISBN : 1484336615
This 2017 Article IV Consultation highlights that Benin has shown mixed macroeconomic performance in 2016, with the economy weathering negative spillover stemming from a difficult external environment. Growth was about 4 percent, but a recovery is expected in 2017–18, owing to strong agricultural production, an increase in public investment, and a buoyant tertiary sector. Economic growth is accelerating and inflation remained negative in 2016 and through end-August 2017 but is forecasted to average 0.6 percent in 2017. The medium-term outlook continues to show favorable signs, with high economic growth and low inflation. Cuts in recurrent spending have contributed to a smaller than programmed budget deficit of 6.0 percent of GDP in 2016 from 8.0 percent in 2015.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 122 pages
File Size : 25,64 MB
Release : 2019-10-04
Category : Business & Economics
ISBN : 1513511726
The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018
Author : Edward J. Drea
Publisher :
Page : 186 pages
File Size : 40,68 MB
Release : 2013
Category : Cold War
ISBN :
Author : International Monetary Fund. Secretary's Department
Publisher : International Monetary Fund
Page : 74 pages
File Size : 23,32 MB
Release : 2021-10-04
Category : Business & Economics
ISBN : 1513568817
A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.
