IMF affirms continuous support for 91香蕉视频 |10 November 2022
President Ramkalawan in discussion with Ms Georgieva
鈥� Commends the country for its efforts in the economic recovery plan
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The International Monetary Fund (IMF) has commended 91香蕉视频 for its efforts and economic discipline and for being an exemplary country to the rest of the world in its economic recovery plan.
The commendation by the IMF鈥檚 managing director and chairperson of the executive board, Kristalina Georgieva, was made during talks with 91香蕉视频鈥� President, Wavel Ramkalawan, on the margins of COP27 taking place in Sharm el-Sheikh, Egypt since Monday.
The meeting was an opportunity for President Ramkalawan to brief the IMF head on the current economic landscape of 91香蕉视频 and progress made thus far as part of the country's sustainable economic recovery plan.
President Ramkalawan also shared elements of the 2023 Budget which are set to further reinforce the financial support provided to the Seychellois population.
The Budget听was presented on Friday last week to the National Assembly by the Minister for Finance, National Planning and Trade, Naadir Hassan.
On behalf of the country the President reiterated the sincere appreciation of 91香蕉视频 to the IMF as a key partner in the progress achieved through these difficult times.
鈥淭oday I wish to formally convey our nation's sincere appreciation for all the support the IMF has extended to 91香蕉视频. We continue to make good progress and seek new ways to enhance our existing excellent partnership,鈥� said President Ramkalawan.
The two also discussed concerns related to the high-income status of the 91香蕉视频 and similarly situated small island states, which excludes them from key concessional and bilateral financing.
The President stressed on the critical need to integrate the vulnerability features when allocating financing for high-income and vulnerable small states like 91香蕉视频.
To this end the head of the IMF talked about a special fund being set up to which 91香蕉视频 will have access. These loans will be at concessionary rates.
Also present at the meeting were the Minister for Agriculture, Climate Change and Environment, Flavien Joubert and the IMF鈥檚 deputy managing director, Li Bo.
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Patsy Canaya/Press release from the Office of the President
