Seychelles : First Review Under the Extended Arrangement and Request for Modification of Performance Criteria.

Program implementation and economic fundamentals continue to be strong, but the external position weakened in mid-2014. Projected growth for 2014 has been revised down to 2.8 percent from 3.7 percent, due to weaker demand for Seychelles' two main exports-tourism and canned tuna. At the same tim...

وصف كامل

التفاصيل البيبلوغرافية
مؤلف مشترك: International Monetary Fund. African Dept
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2014.
سلاسل:IMF Staff Country Reports; Country Report ; No. 2014/356
الوصول للمادة أونلاين:Full text available on IMF
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300 |a 1 online resource (38 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Program implementation and economic fundamentals continue to be strong, but the external position weakened in mid-2014. Projected growth for 2014 has been revised down to 2.8 percent from 3.7 percent, due to weaker demand for Seychelles' two main exports-tourism and canned tuna. At the same time, strong growth in personal earnings and private sector credit have fueled a surge in imports, putting further pressure on the balance of payments. As a result, the exchange rate depreciated an estimated 11 percent in nominal effective terms from early August to late-October. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2014/356 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2014/356/002.2014.issue-356-en.xml  |z IMF e-Library