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Seychelles Infrastructure Action Plan Report

19-aoû-2016

As anisolatedisland statewith a small population, ahigh per capita income and a fragile physical environment, Seychelles faces development challenges and infrastructure limitationssimilar to neighbouring Indian Ocean islands. During the Global Financial Crisis (GFC) of 2008, unsustainable fiscal and monetary policies and a mismatched trade and exchange rate policy resulted in Seychelles defaulting on a major foreign debt repayment.

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