Seychelles Finance Minister Presents 2010 Budget

Seychelles Minister of Finance Danny Faure will on Monday give a reading of the country’s 2010 budget to Parliament. In a declaration Faure said he will explain to members of parliament the government’s financial plans for the next three years. Faure...

Seychelles Signs 45% Debt Reduction Agreement with Malaysian Bank

Seychelles and Export-Import Bank of Malaysia have signed a debt reduction agreement in the Seychellois capital Victoria.

African Development Bank Loans Seychelles €15 Million

Following a positive review of the economic reform program in the Seychelles, the African Development Bank (AfDB) has decided to grant a loan of €15 million to boost the economy of the country. Finance Minister Danny Faure said on Monday in Victoria...

Seychelles Government to Restructure the Seychelles Tourism Board

The Seychelles government has decided to restructure the Seychelles Tourism Board (STB) and allow the private sector to play a more important role in the tourism industry in the islands.