“To champion transparency and accountability in high level government decision making processes through the provision of relevant and timely financial and economic analysis and advice in accordance with international best practice”

Specifically, the Forecasting & Analysis Branch provides a range of analysis and advice to the Seychelles Government and uses sophisticated computer-based financial and economic projection models to underpin this advice. These models are developed internally by the Government economists that staff the Forecasting & Analysis Branch.

The analysis and advice of the Forecasting & Analysis Branch focuses on the areas of:

• macro economic forecasting (which includes a comprehensive fiscal framework for projecting Budget outcomes); fiscal policy (including modelling of revenue, especially taxation, and expenditure);
• the financial assessment of infrastructure projects (for Government & Public Enterprises); and
• the viability of, and the economic effect realised from investment proposals (for Government, Public Enterprises and in combination with private industry)

Day to day, FAB liaises closely with the Financial Planning and Control Unit, Treasury, the Central Bank of Seychelles, Policy and Strategy, National Statistics Bureau, Seychelles Investment Bureau, Seychelles Revenue Commission, and the Department of Information Communication and Technology.

The Forecasting & Analysis Branch was set up in early 2009 and is empowering a team of young Seychellois professionals to carry on delivering and developing the FAB mission.

Budget Strategy and Outlook