Reduction of debt to GDP recorded in quarter 3
November 09, 2023
At the end of the third quarter of the year, the country's debt to GDP stood at 60.2%, which is a reduction from 63. ...
2024 Budget Speech is delivered
November 03, 2023
Minister Naadir Hassan has delivered the 2024 Budget Speech before the National Assembly, this morning. Some of the major announcements are as follows: Increase ...
A budget of more than R10.6 billion is being proposed for 2024
October 27, 2023
A sum of R10,640,628,966 is being budgeted for the year 2024. The Appropriation Bill, 2024 was published on 25th October, 2023. ...
Seychelles denounces EU Council's decision to add it on Annex I of its list of non-cooperative jurisdictions for tax purposes
October 18, 2023
The European Union (EU) Council has added Seychelles to Annex I of the EU list of non-cooperativejurisdictions for tax purposes (the so called EU blacklist), ...
IMF Mission Completes first EFF/RST Review - 'Seychelles economic recovery continues'
October 03, 2023
A mission from the International Monetary Fund (IMF) has completed its first review under the new Extended Fund Facility and Resilience Sustainability Trust, which was ...
Seychelles and Saudi Fund for Development sign two development loan agreements
September 30, 2023
The Minister for Finance, National Planning and Trade, Naadir Hassan and the CEO of the Saudi Fund for Development, (SFD), H.E, Mr. Sultan Abdulrahman ...
Budget 2023 - Mid-Year Review
September 19, 2023
The Ministry of Finance, National Planning and Trade has presented the Mid-Year Review for the 2023 Budget, before the National Assembly, this afternoon. Based on ...
Fitch affirms Seychelles at BB- Outlook Stable
September 18, 2023
Fitch Ratings has affirms Seychelles' long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook. In a press release issued on Friday 15th ...
Seychelles expresses disappointment with OECD's rating following review of EOIR Report
August 17, 2023
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) has adopted the 2023 Exchange of Information on Request Supplementary ...