Second edition of the Quarterly Debt Bulletin is published
September 27, 2021
The Ministry of Finance, Economic Planning and Trade has published the second edition of the Quarterly Debt Bulletin.
The latest edition covers the country’s current debt profile for the second quarter of the year 2021.
The bulletin shows that as at the end of June 2021, the total Government and Government guaranteed debt amounted to SCR 18.0Bn, representing about 80.7% of GDP.
The total stock of domestic debt amounted to SCR 11.0Bn, or 61.1% of the total debt stock, whilst the external debt stock amounted to about SCR 7.0Bn, equivalent to 38.9% of the total debt stock.
In comparison to the end of Q1 2021, domestic debt increased by SCR 349m whilst external debt decreased by SCR 2.3Bn.
The main contributor to the decrease in external debt stock is the appreciation of the Seychelles Rupee.
For more information click on the link below to access the second edition of the Quarterly Debt Bulletin, compiled by the Debt Management Office in the Ministry of Finance, Economic Planning and Trade.