Seychelles : request for an extended arrangement under the extended fund facility : press release; staff report; and statement by the Executive Director for Seychelles
International Monetary Fund
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
Year of publication: |
August 2021
|
---|---|
Institutions: | Internationaler Währungsfonds (issuing body) |
Publisher: |
Washington, D.C. : International Monetary Fund |
Subject: | liability management operation | debt sustainability risk | government institution | GDP contraction | financing option | Fiscal stance | Government debt management | Debt management | Global | Schuldenmanagement | Seychellen | Seychelles | Öffentliche Schulden | Public debt | Finanzpolitik | Fiscal policy | IWF-Kredit | IMF lending |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 98 Seiten) Illustrationen |
---|---|
Series: | IMF country report. - Washington, DC : IMF, ZDB-ID 2390611-X. - Vol. no. 21, 184 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 978-1-5135-9406-4 |
Other identifiers: | 10.5089/9781513594064.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012697869
Saved in favorites
Similar items by subject
-
(2021)
-
(2021)
-
(2021)
- More ...
Similar items by person
-
IMF economic reviews : press/public information notices
(1999)
-
Odling-Smee, John C., (1994)
-
Brown, Scott B., (1994)
- More ...