Seychelles: Requests for an Extended Arrangement under the Extended Fund Facility and Arrangement under the Resilience and Sustainability Facility and Cancellation of the Current Arrangement Under the Extended Fund Facility-Press Release; Staff Report; and Statement by the Executive Director for Seychelles
Electronic Access:
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Summary:
Under the current EFF, the authorities have made substantial progress in restoring macroeconomic stability and debt sustainability after being hit hard by the COVID-19 pandemic. Now, they would like to pivot to the deeper medium-term structural reforms needed to support structural balance of payments needs and promote sustainable and inclusive growth. To support this pivot, they have requested the cancellation of the current EFF and the approval of a new one. Concurrently, they have requested a program under the Resilience and Sustainability Facility (RSF) to help advance their climate agenda, including measures to enhance resilience to climate-related shocks.
Series:
Country Report No. 2023/235
Subject:
Climate change Climate finance Environment International organization Monetary policy Natural disasters Public debt
Frequency:
regular
English
Publication Date:
June 28, 2023
ISBN/ISSN:
9798400247217/1934-7685
Stock No:
1SYCEA2023001
Format:
Paper
Pages:
126
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