01793cas a2200241 a 4500 AALejournalIMF005747 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451836240 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Seychelles : First Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurance Review; Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Seychelles. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (66 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses key findings of the First Review for Seychelles under the Stand-By Arrangement. Developments under the program at end-December 2008 were broadly satisfactory. Although growth was lower and inflation higher than targeted in 2008, the liberalization of the exchange regime and interest rate have removed the severe distortions weighing on the economy, and early signs of stabilization are apparent. The program targets for 2009 have been adjusted, primarily in light of the much more difficult external environment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/121 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/121/002.2009.issue-121-en.xml IMF e-Library