01896cas a2200313 a 4500 AALejournalIMF019801 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498335119 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Seychelles : Assessment Letter for the African Development Bank. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (2 pages) Policy Papers <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 Macroeconomic performance of Seychelles under the Stand-by Arrangement (SBA) has been favorable and the reforms continue to be pursued with a high degree of ownership and broad public support. The liberalization of the exchange regime, a strong fiscal adjustment, and prudent monetary policies have contributed to restoring macroeconomic stability. Program implementation has been exemplary and talks to restructure public external debt are progressing well. A debt restructuring agreement with commercial creditors, on terms comparable to those agreed with Paris Club creditors, is a crucial element in reestablishing a sustainable public debt outlook and supporting economic recovery. Mode of access: Internet Agreement imf Debt imf Liberalization imf PP imf Restructuring imf Seychelles imf Policy Papers; Policy Paper ; No. 2009/092 Full text available on IMF http://elibrary.imf.org/view/journals/007/2009/092/007.2009.issue-092-en.xml IMF e-Library