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China Daily Website

  • Financial sector gathers pace with new legislation

    2011-03-28 07:59

    Thanks to the International Monetary Fund's extended fund facility and the ensuing fiscal reforms, the Seychelles ran a primary budget surplus of 9.4 percent in 2010.

    The government subsequently approved extra spending in 2010 of $6.4 million to boost investment in infrastructure, particularly roads, waste disposal and housing, health and additional debt repayment.

  • Indian Ocean paradise exceeds IMF expectations

    2011-03-28 07:59

    A beautiful group of islands in the Indian Ocean, the Seychelles has undergone a series of IMF-supported structural reforms since 2008 that have transformed the economy and contributed to a stable landscape, where citizens enjoy a high per capita income, as well as good health care and education, and a place tourists return to year after year in their thousands to enjoy pristine beaches and excellent accommodations.

  • A new brand of Seychelles

    2011-03-28 07:59

    The tourism industry and its related services is the lifeblood of the Seychelles economy, accounts for 75 percent of gross domestic product.

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