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.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2009/208

IMF Staff Country Reports

Language:

English

Subjects (All):

International economic relations.

International Monetary Fund--Reform.

International Monetary Fund.

Local Subjects:

International economic relations.

International Monetary Fund--Reform.

International Monetary Fund.

Physical Description:

1 online resource (74 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Language Note:

English

Summary:

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.

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

6. Projected Financing Requirements and Sources, 2008-197. Financial Soundness Indicators for the Banking Sector, 2007-09; 8. Fund Disbursements and Timing of Reviews Under the Two-Year Stand-By Arrangement, 2008-10; 9. Indicators of Fund Credit, 2008-15; Figures; 1. Seychelles: Evolution of Monetary and Exchange Rates, 2008; 2. Macroeconomic Developments; 3. Fiscal Sector; 4. Monetary Sector; Appendices; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies for 2009; Attachment II. Technical Memorandum of Understanding; II. Debt Sustainability Analysis; Contents

I. Relations with the FundII. Joint World Bank-IMF Work Program, 2009; III.Relations with the African Development Bank Group

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786613873569

9781462334155

1462334156

9781452738291

1452738297

9781283561112

1283561115

9781451888133

1451888139

OCLC:

930799324